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Soybean Reacted Higher From The Blue Box Area
Read MoreIn this technical blog, we are going to take a look at the past 1-hour performance of Soybean ticker symbol: ZS_F Elliott Wave charts that we presented to our clients. We are going to explain the structure and the forecast below. Soybean Elliott Wave 1 Hour Chart From November 21.2018 Above is the 1-hour Chart from 11/21/2018 […]
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Elliott Wave Analysis: Further Weakness Expected in USDJPY
Read MoreShort term Elliott Wave view in USDJPY suggests that cycle from 11/12 peak (114.21) remains in progress as a double three Elliott Wave structure. Down from 114.21, Minute wave ((w)) ended at 112.27 and Minute wave ((x)) bounce ended at 114.03. Internal of Minute wave ((x)) unfolded as a zigzag Elliott Wave structure where Minutte […]
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G20 Meeting Produces Trade War Truce between US and China – Will it last?
Read MoreDuring the dinner meeting at G20 summit in Buenos Aires last weekend, the U.S. and China agreed to suspend new tariffs for 90 days. The market reacts positively with stock market rallying around the world, creating a risk on environment for potential Santa Claus rally in December. However, has a real significant breakthrough made during […]
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BABA Forecasting The Rally & Buying The Dips
Read MoreHello fellow traders. Another instrument that we have been trading lately is BABA Stock from Group 3. In this technical blog we’re going to take a quick look at the Elliott Wave charts of BABA, published in members area of the website. As our members know, BABA has been correcting larger cycle from the 59.5 […]