Hello fellow traders. In this technical article, we’re going to take a look at the Elliott Wave charts of EURAUD, presented in the member’s area on our website. Recently, EURAUD has given us a correction that has unfolded as an Elliott Wave Double Three pattern. It has reached an extreme area (buying zone) and made …
Elliott Wave View: EURAUD Found Buyers After Completed Double Three Pattern Read More »
The short-term Elliott Wave view on AUDUSD suggests that the cycle from the 8.11.2022 high is in progress as a 5 waves impulse structure. Down from the 8.11.2022 high, wave 1 ended at 0.6699, and the rally in wave 2 ended at 0.6916. Wave 3 took the form of a correct to a lesser degree. …
Elliott Wave View: AUDUSD any Rally it can Fail for More Downside Read More »
CADJPY shows a bullish sequence from the August 02 2022 low suggesting further upside is likely. The Rally from the August 02 low is unfolding as an impulse Elliott Wave structure. high from August 02 down, wave 1 ended at 105.100, and the decline in wave 2 ended at 102.600 as the 1-hour chart below …
Elliott Wave View: CADJPY Should Continue to Extend Higher Read More »
The short-term Elliott wave view in BTCUSD suggests that the decline from March 28, 2022, High is unfolding as an impulse structure favoring some more downside. Down from 03/28/2022 high, wave (1) ended in 5 waves at $38550 low. Wave (2) ended at $42974 high, and wave (3) ended in 5 waves at $25384 low. …
Elliott wave View: Bitcoin (BTCUSD) Entering Into A Wave Five Lower Read More »
In this technical blog, we’re going to take a quick look at the Elliott Wave charts of EURJPY published in the member’s area of the website. As our members knew, we’ve been favoring the long side in EURJPY. Euro Yen shows an incomplete bullish sequence from 07 March 2022 low favoring the further upside. The short-term …
Forex is the biggest market globally and the first step of many beginner traders. While you don’t need significant capital to make money trading forex, it surely gets easier if you have enough funds to apply more sophisticated strategies or trade at scale. Fortunately, there is a way to trade big and punch above your …
Cryptocurrency is a new phenomenon in our world, and though it is more than 13 years old, it is still being misrepresented by many, While some believe it to be a new form of money, others consider it just a buzzword. However, there is so much more to the story. What is Cryptocurrency and how …
