Three year expanded flat pattern on EURUSD is nearing completion The final wave of the flat is shaping as ending diagonal We are anticipating the diagonal to finish below 1.2288 EUR/USD Elliott Wave ...

The Elliott wave principle is a technical analysis method that traders use to analyze the market and identify trends by using the relationship between highs and lows, applying a system developed by ...

News-driven FX Trading: How to Trade Events Like the FOMC, CPI, and NFP The decline that began on July 1 appears to be the beginning stages of wave ((ii)). The first wave of the decline, wave (a), ...

On the 4h chart we can clearly count five waves of decline from the 1.0679 top, which is called an impulsive structure. The recent lows of that move were reached at 1.0235, just a few pips away from ...

The Elliott Wave principle was first developed by an accountant, Ralph Nelson Elliott, to describe, and ideally predict, market cycles. Utilizing technical analysis and group psychology, it identifies ...