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GBPCAD Elliott Wave Forecasting The Decline
Read MoreIn this technical blog we’re going to take a quick look at the past Elliott Wave charts of GBPCAD published in members area of the website. As our members know GBPCAD has ended the cycle from the 1.84172 peak on May 30th. Proposed cycle has ended as 5 waves structure while recovery against the mentioned […]
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EURAUD Elliott Wave Analysis: Calling The Bounce From Inflection Area
Read MoreHello Traders, In this blog, I want to share with you our recent Elliott Wave charts of EURAUD which we presented to our members. Below, you see the 1-hour updated chart presented to our clients on the 07/26/18 suggesting that EURAUD ended the correction from 07/20 peak in red wave 2. EURAUD ended the cycle from 07/19 low […]
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Elliott Wave Analysis: OIL Starting The Next Leg Lower
Read MoreOIL short-term Elliott wave analysis suggests that the bounce to $71.13 high ended primary wave ((B)) bounce against 7/03/2018 peak ($75.27). Primary wave ((C)) lower currently remains in progress as Elliott Wave impulse structure looking for more downside. Down from $71.13 high, the decline to $67.96 low ended intermediate wave (1) in 5 waves structure. […]
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Nifty Elliott Wave Analysis: Rallying Higher as Impulse
Read MoreNifty Elliott wave analysis suggests that the rally to 11171.55 high ended primary wave ((3)). Down from there, the decline to 9951.9 low ended primary wave ((4)) pullback. The internals of that pullback unfolded as Elliott wave double three structure with sub-division of 3-3-3 corrective swings in each leg. Down from 11171.55 high, the initial decline […]