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Elliott Wave Journal: Market Structure, Trends & Trade Ideas
Professional Elliott Wave insights, charts, and forecasts to guide your trading decisions.
Tesla (TSLA) Impulsive Rally Should Continue Higher
Short term Elliott Wave view suggests rally from August 18, 2023 low is unfolding as a 5 waves impulse. Up from August 18 low, wave 1 ended at 241.55 and…
EURUSD Rally Expected to Fail for More Downside
Short term Elliott Wave view suggests the EURUSD is correcting cycle from 9.28.2022 low in a zigzag structure. Down from 9.28.2022 high, wave A ended at 1.091 and wave B…
Nikkei Futures (NKD) Looking to Extend Higher as an Impulse
Short term Elliott Wave view in Nikkei Futures (NKD) suggests the Index rallies as a 5 waves impulse structure from August 18, 2023 low. Up from August 18, wave ((i))…
Elliott Wave View: DAX Looking to Extend Lower in Double Three
DAX ended cycle from September 28, 2022 low with wave ((1)) at 16528.97 as the 1 hour chart below shows. Index is currently in wave ((2)) pullback to correct the…
USDJPY Looking to Resume Higher in wave 5
Short term view in USDJPY suggests the rally from 7.14.2023 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from 7.14.2023 low, wave (1) ended at 141.95…
GBPJPY Should Extend Lower in Zigzag Correction
Short Term Elliott Wave view in GBPJPY suggests the rally to 186.75 ended wave 1. Pullback in wave 2 is currently in progress as a zigzag Elliott Wave structure. Down…
Gold (XAUUSD) Is at Area Where It Can Pullback
Short Term Elliott Wave structure in Gold (XAUUSD) suggests the drop in Gold on August ended wave A at 1884.16 low. The metal now is extending higher in 3 swings…
Elliott Wave View: FTSE Rally Expected to Turn Lower
FTSE Index shows a bearish sequence from 4.21.2023 high favoring further downside. The decline from 4.21.2023 high is currently unfolding as a double three Elliott Wave structure. Down from 4.21.2023…
GBPUSD Has Scope to Extend lower in Zigzag Correction
Short Term Elliott Wave view suggests decline from 7.14.2023 high is in progress as a zigzag structure. Down from 7.14.2023 high, wave (i) ended at 1.2797 and wave (ii) rally…
