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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USDJPY Impulsive Decline Portends Further Weakness
Read MoreUSDJPY shows impulsive decline from 6.30.2023 high portending further weakness. This article and video look at the Elliott Wave path.
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EURUSD Starts New Bullish Cycle
Read MoreEURUSD shows bullish sequence from 6.1.2023 low favoring further upside. This article and video look at the Elliott Wave path.
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Renminbi (USDCNH) Broke The High And Entered In A Double Correction
Read MoreIn the last years, the renminbi made a pause in his attempt to get stronger against USD dollar. In February 2014, renminbi found support at 6.0153 and from there it made a perfect zig – zag correction structure to equal legs at 7.1964 in June 2020. After that, the USDCNH continue with the downtrend. Renminbi […]
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EURGBP Sell Setup From Blue Box Works As Expected
Read MoreIn our service, we provide members trade setup in Live Trading Room. However, our setup is based on certain conditions. To trade, we need these conditions: There’s a bullish sequence (for buying) and bearish sequence (for selling) We can see clear correction in 3 swing or 7 swing. In addition, we can measure with higher […]
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GBPUSD Reacted From The Blue Box After A Double Three Structure
Read MoreA Double three structure is a sideways combination of two corrective patterns. There are several corrective patterns including zigzag, flat, and triangle. When two of these corrective patterns are combined together, we get a double three. A combination of two corrective structures labelled as WXY. Wave W and wave Y subdivision can be zigzag, flat, double […]
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EURJPY Bullish Impulse Elliott Wave Structure Calling Higher
Read MoreEURJPY rallies as an impulse structure from 5.11.2023 low and should continue higher. This article and video look at the Elliott Wave path of the pair.