Majority of Elliott wave practitioners believe trend is only in 5 waves and correction in 3 waves. We believe that assumption is wrong and a market can trend in both 5 and 3 swing sequences. In this video, we take a look at the example of NZDUSD and prove how the instrument has been trending […]

EURNOK is showing an incomplete Elliott wave sequence from the peak at 1.11.2016. We believe the pair is close to ending 3 waves down from 9.1.2016 peak and would soon bounce in 3 waves to correct the decline from 9.1.2016 peak and continue lower towards 8.9871 – 8.8478 area to end the cycle from 1.11.2016 […]

On 8th of September 2016, Our Strategy of the Day Video presented to clients viewed the pullback in $FTSE as a buying opportunity in the index. Long $FTSE 9.8.2016 $FTSE has rallied in 7 swing and reached 100% Fibonacci extension of first 3 swings up from February 2016 lows already, however some other Indices are still incomplete […]

$USDPLN Weekly Elliott wave chart below suggests that cycle from 5.3.2011 low (2.64) has ended and the pair is in the process of pullback to correct this cycle in 3, 7, or 11 swing with potential target as low as 3.216 – 3.396 area before the rally resumes. Looking at the Daily Elliott wave chart […]

The Video below is a short capture from the Plus Daily Technical Video from September 8th, where EWF Technical analyst Hendra Lao presented Elliott Wave chart of AAPL (Apple), explaining the view and the swings sequences. AAPL (Apple) was proposed to be in incomplete Elliott Wave 5 wave structure from the May 5th low, suggesting […]

The market, as we see it in Elliotwave-Forecast, is as a whole. Consequently, we are always looking for instruments that provide us with an edge and provide us with hints about direction of the market. For us, correlations are a huge part of our forecast and we combine them with Sequences, Cycles and Elliott Wave. The […]