OIL Elliott wave analysis suggests that a decline from October 3, 2018 peak ($76.9) is unfolding as impulse Elliott wave structure. Down from $76.9 peak, the black wave ((1)) ended at $68.47 low. A black wave ((2)) bounce ended at $69.65 high. Then a decline to $54.75 low ended black wave ((3)). Black wave ((4)) bounce ended at $57.98 high. Oil is currently in the...
Short Term Elliott Wave view suggests that cycle from 11.8.2018 high (87) ended at 83.55 in red wave W and bounce to 85.27 ended red wave X. Pair has resumed lower in red wave Y, but it needs to break below red wave W at 83.55 for confirmation and to avoid double correction in red wave X. Internal of red wave W unfolded as a double three Elliott Wave structure...
Look for price to finish the corrective structure to the downside before we get the big bullish wave to the the upside. This forecast present both Buy and Sell set ups. Look for the set ups
Short Term Elliott Wave view suggests that cycle from Oct 8 low (0.642) has ended at 0.697 high as black wave ((1)) at 12/04 peak. Pair is now in the process of correcting the rally from Oct 8 low in 3, 7, or 11 swing within black wave ((2)). Decline from 0.6968 is unfolding as a double three Elliott Wave structure where red wave W ended at 0.6852 and red wave X...
Short Term Elliott Wave view suggests that the selloff in Bitcoin is not yet over. Rally to $4409.77 ended blue wave (X). Down from there, the decline is unfolding as a double three Elliott Wave structure where red wave W ended at $3210. Internal of red wave X unfolded also as a double three Elliott Wave structure, but of a lesser black degree. Black wave ((w)) of...
SPX has broken below Oct 30 low (2603.54), i.e. Black wave ((W)), opening further downside with incomplete bearish sequence from Sept 21 high (2940.91). Near term Elliott Wave view suggests the decline to 2603.54 on Oct 30 low ended black wave ((W)). Bounce to 2815.6 ended black wave ((X)) as a zigzag Elliott Wave structure. Up from 2603.54, blue wave (A) ended at...
DAX continues to make a new low and this week broke below 11/20 low (11009) suggesting that the move lower remains in progress. Near term Elliott Wave outlook calls for the decline to 11009.25 on 11/20 as blue wave (3). From there, rally to 11566.97 ended blue wave (4) as a zigzag Elliott Wave structure. Red wave A of (4) ended at 11403.72, red wave B of (4) ended...
USDCAD has broken above 11/29/2018 high (1.336) as well as above 6/27/2018 high (1.3386) creating an incomplete bullish sequence. Short term Elliott Wave view suggests the rally to 1.336 on 11/29 ended blue wave (W) and the pullback to 1.3157 ended blue wave (X). Internal of blue wave (X) unfolded as a zigzag Elliott Wave structure where red wave A ended at 1.324....
Hello Traders, Short term Elliott Wave view in USDJPY suggests that cycle from 11/12 peak (114.21) remains in progress as a double three Elliott Wave structure. Down from 114.21, black wave ((w)) ended at 112.27 and black wave ((x)) bounce ended at 114.03. Internal of black wave ((x)) unfolded as a zigzag Elliott Wave structure where blue wave (a) ended at...
Hello Traders, NIFTY is showing an incomplete sequence to the upside in the short term, favoring more upside while above 11/26 low (10487.1). Near term, cycle from 10/26 low (10004) remains in progress as a zigzag Elliott Wave structure. Blue Wave (A) ended at 10774.7 as 5 waves impulse Elliott Wave structure and blue wave (B) ended at 10487.13 low. Blue of wave...
149 pips in profit and going for more :)
better version of the first prediction
NZDUSD short-term Elliott wave analysis suggests that a decline to 0.6751 low ended blue wave (4) pullback. The internals of that pullback unfolded as double three structure where red wave W ended at 0.6780 low. Up from there, a 3 wave bounce to 0.6852 high ended red wave X. Then finally a decline to 0.6751 low ended red wave Y to completed blue wave (4). Up from...
Hello traders, USDJPY Short term Elliott Wave View in USDJPY suggests that the pullback to 112.27 ended black wave ((x)). Internal of black wave ((x)) unfolded as a zigzag Elliott Wave structure where blue wave (a) ended at 113.07, blue wave (b) ended at 113.7, and blue wave (c) of ((x)) ended at 112.27. Black wave ((y)) rally is now progressing as a double three...
Hello Traders, Cycle from Sept 24 high (1.182) in EURUSD remains in progress as an Elliott Wave impulse structure where black wave ((1)) ended at 1.1214 and black wave ((2)) is proposed complete at 1.147. Pair still needs to break below black wave ((1)) at 1.1214 to validate this view. Until then, we still can’t rule out a double correction in black wave ((2)) in...
CADJPY short-term Elliott wave view suggests that a bounce to 87.00 on 11/08/2018 high ended blue wave (X). Down from there, the decline unfolded as double three structure where black wave ((w)) ended at 85.44 low as zigzag structure. A bounce to 86.35 ended black wave ((x)). Then a decline to 84.61 low ended black wave ((y)) & completed the red wave W lower....
Hello Traders, DAX has broken below Oct 26 low (11051) and suggests that the Index has resumed the decline lower. We are calling the decline from July 27 high (12886.83) as a triple three Elliott Wave Structure where decline to 11051.04 low on Oct 26 ended blue wave (Y) and bounce to 11692.91 high on Nov 2 ended second blue wave (X). Down from 1162.91, short...