Last year, our live trading room provides 69% return annually across the 3 groups that we cover. In Live Trading Room, we scan the market everyday to find any tradable setup. We believe every serious traders need to have a good trading system with specific rules. A complete system must include the following: 1. Conditions […]
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GBPUSD Elliott Wave Zig Zag Pattern Forecasting The Path
Read MoreHello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of GBPUSD . As our members know, GBPUSD is in process of forming Elliott Wave Zig Zag Pattern in the cycle from the 07.14 low. In the further text we are going to explain the Elliott […]
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Amazon (AMZN) Elliott Wave : Impulsive Sequences Calling The Rally
Read MoreHello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of Amazon stock. We have been calling for the rally in the stock due to impulsive bullish sequences in the cycles from the June lows. Consequently, we recommended members to avoid selling the stock, while keep […]
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Running Triangle and how they are different to regular Triangles
Read MoreWithin the list Elliott Wave corrective patterns, alongside Zigzags, Flats and Complex Corrections we have triangles. Triangles are a sideways correction that occurs only prior to the final wave in the current trend. Therefore, can only present themselves in wave 4, B or X. The only exception they present themselves in wave 2 is if […]
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Updated Canopy Growth Corporation ($CGC) 4H Forecast
Read MoreGood day Traders and Investors. In today’s article, we are going to follow up on Canopy Growth Corporation ($CGC) forecast posted back in April 2022 and take a look at the latest 4H count. You can find the article here: https://elliottwave-forecast.com/stock-market/canopy-growth-corporation-cgc-lucrative-investment/ Company Profile: “Canopy is a global, best-in-class cannabis company and CPG organization with the intention […]
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Palladium ( $PA_F ) Forecasting The Decline After Elliott Wave Zig Zag
Read MoreHello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of Palladium ( $PA_F ) . As our members know, Palladium is showing incomplete bearish sequences in the cycle from the March peak (3425). Recently the commodity has given us 3 waves bounce against the 2354 […]
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What Is Relative Strength Index (RSI) and Why Traders Use It?
Read MoreThe Relative Strength Index (RSI) is a very popular momentum based indicator that is specifically used within technical analysis by market technicians. It measures the speed and magnitude of an instruments most recent price changes to evaluate overbought or oversold conditions in the price. Developed by J.Welles Wilder Jr in the late 70s as a […]