Structure of Facebook rally from Aug 6 low is corrective and unfolding as a double three Elliott Wave structure before the decline resumes.

Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of FCX, published in members area of the website. As our members know, FCX has incomplete bearish sequences in the cycle from the 12.16 ( July 24th)  peak. Consequently, we advised members to avoid buying the […]

Short term Elliott Wave View on GBPJPY shows the decline to August 12, 2019 low (126.52) ended wave 3. From there, pair is doing the recovery in wave 4 with the internal unfolding as an Elliott Wave Zigzag structure. This suggests the current rally takes the form a corrective structure and the bias remains to […]

In this technical blog, we take a look at the past performance of 1 hour Elliott Wave charts of USDNOK, which our members took the advantage of blue boxes.