Disney (NYSE: DIS) surged to new all time highs in April 2019 confirming the breakout of the consolidation range that lasted for 3 years. The rally from December 2018 low unfolded as an impulsive 5 waves structure which is part of the weekly cycle from 2016 low. The cycle ended on July peak from where […]

Australian Dollar extended the decline to its lowest in a decade last week. The slump came after RBNZ (Reserve Bank of New Zealand) delivered a bigger than expected interest rate cut. RBNZ governor even went so far and promised to do whatever it takes, including more rate cut, negative rate, QE.  This prompts the speculation […]

Hello fellow traders. The YEN group has been selling lately across the board and the path has become more clear with the SEKJPY breaking its 2016 lows. We at Elliott Wave Forecast trade the Market different than most other market participants. We track over 100 instruments across the world. That allows us to locate the […]

Elliott Wave Structure : Triple Three Corrections Firstly, triple three corrections are a sideways combination of three corrective patterns in Elliott Wave Theory. These corrections are one of the five types of corrective patterns that correct the completed cycle of the prevailing trend. Zigzags (5-3-5), Flats (3-3-5), Triangles (3-3-3-3-3), Double threes which are a combination of […]