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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The GBPCHF – Elliot Wave Confirmation Through Technicals
Read MoreHere 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 from 11:30 AM EST until 1:30 PM EST, join Dan there for more insight into these […]
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$USDCHF Analysis using NEW Elliott Wave Theory 5.21.2014
Read MoreUsing the new Elliott Wave Theory, we will take a look at the USDCHF and try to forecast what the price should do next after reaching the area of equal legs at 0.8958. Unlike the traditional Elliott Wave Theory, we believe that the move off the 0.8698 low is a series of 3 waves and […]
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$EURJPY Analysis using NEW Elliott Wave Theory 5.19.2014
Read MoreWe take a look at 1 hour price action of EURJPY from 142.47 (4.29.2014) peak. Using NEW Elliott Wave Theory, we don’t just count the waves but sequence of swings as well to get the right path. Decline from 142.47 can be sub-divided into 7 swings when drop to 139.84 completed wave A and recovery to 140.94 […]
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$USDCAD 1 Hour Elliott Wave Analysis 5.12.2014
Read MorePreferred Elliott wave view is that pair has ended a cycle from 1.0853 low and wave (( B )) high is in place at 1.1054. Wave ( A ) is over at 1.0809 and wave ( B ) bounce is in progress, it can reach as high as 1.0959 – 1.0995 to complete wave ( […]
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The GBPJPY – Equal Legs Inflection
Read MoreHere 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 to your advantage. The Live Trading Room is held daily from 11:30 AM EST until 1:30 PM EST, join Dan there for more insight into these proven methods of […]
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EURUSD: Tracking using NEW Elliott Wave Theory
Read MoreUsing Elliott Wave Theory, we knew that drop from 1.3968 had a corrective structure and Elliott wave analysis on higher time frames was suggesting that pair was poised to make new highs. Therefore, we forecasted that drop from 1.3968 will provide another buying opportunity. Let’s take a look at some charts from members area to […]