Hello fellow Traders, we challenge you to Take this Quiz and test your knowledge. On the chart below you can see our h4 Elliott Wave analysis of $GBPJPY from 11.21.2015 date. Take a close look at the labeling and see if you’re able to answer 3 questions given below… 1. Rally from the 180.63 up to […]

Short term Elliott Wave cycle suggests decline to 86.35 ended wave 3. From this level, wave 4 bounce unfolded as a double three structure where wave ((w)) ended at 87.05, wave ((x)) ended at 86.5, and wave ((y)) of 4 is proposed to be complete at 87.4. Pair should now try to at least correct the rally from […]

Short term Elliott Wave cycle suggests decline to 86.35 ended wave 3. From this level, pair has started wave 4 bounce in 3 swing towards 87.3 – 87.75 before the decline resumes. As far as wave ((iv)) pivot at 88.9 stays intact, expect sellers to appear from the above area and pair to resume lower once wave 4 […]

Short term Elliott Wave cycle suggests decline to 86.35 ended wave 3. From this level, pair has started wave 4 bounce in 3 swing and ideally reach 87.6 – 88 area before the decline resumes. As far as wave ((iv)) pivot at 88.9 stays intact, pair is expected to resume lower once wave 4 bounce is complete. […]

Elliott Wave FLAT structure is one of the most common corrective patterns nowadays, after Double Three WXY. As you might already know, there are 3 types of Flats: Regular,Running and Expanded. In todays lesson, we’re going to explain Expanded flat pattern. Before we continue, short reminder: check out New EWF blogs and Free Elliott Wave charts. […]

Short term Elliott Wave cycle suggests decline to 86.35 ended wave 3. From this level, pair has started wave 4 bounce in 3 swing and ideally reach 87.6 – 88 area before the decline resumes. As far as wave ((iv)) pivot at 88.9 stays intact, pair is expected to resume lower once wave 4 bounce is complete. […]