Leonardo Pisano, widely known as the Fibonacci or Fib Man, was a great mathematician of his time. As a young man, Fibonacci was always fond of numbers and studied mathematics extensively. In 1202, Fibonacci came up with a weird number sequence that was derived from Hindu-Arabic numeral systems. Later, the sequence was referred to as […]

Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of  Copper Futures ( $HG_F) published in members area of the Elliottwave-Forecast . As our members know, Copper is showing higher high sequences in the cycle from the March low ( 19720).  Consequently , we recommended our […]

Many times, we hear in the argot of technical analysis the term “Equal Legs”, which sounds very strange and does not make sense to the world of finance. However, this term is especially important when making a forecast of the future movements of the different market instruments, because when the market reaches the equal legs, […]

An ending diagonal is an Elliott Waves structure that is wedge-shaped and can appear within an impulse as wave 5 or within a correction as a wave C. This type of structure internally is composed of 5 waves and each of these 5 waves is subdivided into 3 or 5 waves creating two possible structures […]

In this technical blog we’re going to take a quick look at the Elliott Wave charts of  FTSE index  published in members area of the Elliottwave-Forecast .  As our members know FTSE reached our target zone in the June cycle at 639.9-5231.02 area  and found buyers.  FTSE  is another instrument that has given us nice rally from […]

In this technical blog we’re going to take a quick look at the Elliott Wave charts of  GOOGLE stock ( $GOOGL)  published in members area of the Elliottwave-Forecast . As our members know, GOOGLE stock is trading higher in the cycle from the September 1394.15 low.  Recently we got short term pull back that has unfolded […]