It must be obscure ETF Tuesday because here's another one that caught my eye today from the UK markets and a 3 times leveraged etf for GBPUSD. Although some EW practitioners are calling for a Dollar top and Dollar weakness going forward I couldn't help notice the almost perfect cup and handle that began in 2013 and concluded in 2017 Could that be an almost...
I find that the GBPUSD is often a great example of Elliott Wave in action but the practical problem as always is trying to work out which of the counts is going to actually happen, if at all. In this chart of another obscure etf that I like I found it interesting how the median line on the modified Schiff pitchfork acted like a magnet and a stopping point and also...