In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of NZDJPY. In which, the rally from 24 March 2023 low unfolded as an impulse sequence and showed a higher high sequence. Therefore, we knew that the structure in NZDJPY is incomplete to the upside & should extend higher. So, […]
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$AUDCAD Short-term Elliott Wave Analysis 8.16.2016
Read MorePreferred Elliott wave count suggests that rally to 1.00 ended wave (W) on 8/8. Decline from there is unfolding as a double three where wave W ended at 0.9954 and wave X ended at 1.00. Wave Y is in progress with internals as a zigzag where wave ((a)) ended at 0.9895 and wave ((b)) is proposed […]
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$NZDUSD Short-term Elliott Wave Analysis 8.12.2016
Read MoreRevised Elliott wave view suggests that cycle from 8/8 low (0.7084) ended with wave ((w)) at 0.734 and pair is in wave ((x)) pullback to correct the rally from 0.7084. Wave ((x)) pullback is proposed to be unfolding as a triple three where wave (w) ended at 0.7261, wave (x) ended at 0.7309, wave (y) ended […]
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$GBPNZD Live Trading Room Setup from 8/5
Read MoreHere is a short clip from our Live Trading Room on August 5. Take a look at how we manage the trade and risk by using inflection zones and Elliot Wave to your advantage. The Live Trading Room is held daily at 7:00 AM EST , join us there for more insight into these proven methods of trading. Click […]
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USDCAD Short-term Elliott Wave Analysis 8.5.2016
Read MorePreferred Elliott wave count suggests that rally to 1.324 ended wave W. Wave X pullback is in progress as a double three structure where wave ((w)) ended at 1.30, wave ((x)) is unfolding as as FLAT and should ideally fail below 1.3232 high for another push lower in wave ((y)) of X toward 1.2953 – […]
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AUDJPY Short-term Elliott Wave Analysis 8.3.2016
Read MorePreferred Elliott wave count suggests that decline from wave X at 79.57 is unfolding as a triple three where wave ((w)) ended at 77.6, wave ((x)) ended at 79.51, wave ((y)) ended at 77.4 and second wave ((x)) ended at 78.18. Wave ((z)) is in progress with the internal unfolding as a double three where wave (w) […]
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AUDJPY Short-term Elliott Wave Analysis 8.2.2016
Read MoreAUDJPY while below 78.18 the pair is expected lower toward 76.17-75.36 area to complete wave (X) & end the cycle from 7/15 & while the dip shows it will remain above the 6/23 cycle lows we expect the pair turns higher in wave (Y) of ((X))