Best reading of the cycle suggests that rally to 2.057 ended wave X. From this level, the pair resumed the decline in wave ((w)) as a double three structure wxy where wave w ended at 2.0168, wave x ended at 2.04, and wave y of ((w)) is in progress towards 1.97 – 1.979 area. Once wave […]

Elliott Wave Ending diagonal is 5 wave structure which often occurs in last wave C of Flat pattern. Ending Diagonal has 3-3-3-3-3 subdivision, as each of these 5 waves is corrective structure (ABC, WXY or WXYXZ) Let’s take a quick look at Elliott Wave charts of $EURGBP to see what Ending Diagonal looks like and […]

Here is a quick blog from our Live Trading Room host, Dan Hussey. Take a look at how to manage your risk by using inflection zones and Elliot Wave to your advantage. The Live Trading Room is held daily at 8:00 AM  EST , join Dan there for more insight into these proven methods of trading. AUD/USD Live […]

This is a medium term Elliottwave Analysis video on $AUDCAD. Wave (X) bounce is likely still in progress to correct the decline from 1.0345, and more downside is likely after wave (X) bounce is complete. As more downside is still expected at a later stage, we don’t like buying the proposed wave (X) bounce. EWF currently covers […]

At EWF we are not just a market forecasting service, we also try to guide our clients to trade on the right side of the markets. And if our 24 hour chatroom, technical and trade setup videos, live analysis sessions, live trading room, educational videos and market reports are not enough enough, we also added Green Boxes(Buy […]

Best reading of the Elliottwave cycle suggests wave ((W)) ended at 1.3353. Decline from this level ended at 1.3 as wave ((X)). The rally higher from 1.3 unfolded as a double three structure ((w))-((x))-((y)) where wave ((w)) ended at 1.33, wave ((x)) ended at 1.317, and wave ((y)) of W ended at 1.341. Wave X pullback […]