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 ...
Detailed price information for British Pound/French Pacific (GBPXPF) from The Globe and Mail including charting and trades.
In a post on X, trader EGRAG showed why this “power of 5” could take XRP’s price to $6.75, and possibly as high as $18.25. In ...
Whenever I'm scanning through charts for potential trading ideas, the most important thing for me is identifying a clear, recognizable wave structure. If the structure is clear, you can spot a ...
DAX sequence from 5/15 peak remains incomplete. While bounces stay below 12339.48, expect the Index to resume lower. Double three or 7 swings structure is one of the most common patterns in Elliott ...
Bitcoin's (BTC) resurgence this year has convinced many analysts the crypto bear market has ended and the path of least resistance is to the higher side. QCP Capital suggests otherwise. According to ...
Elliott Wave Theory identifies market patterns driven by societal sentiment, moving in 5-wave trends and 3-wave counter-trends. The optimal trading opportunity lies in the heart of the 3rd wave, ...
Over the past several updates, as seen here and here, we have been tracking a rally to SPX 6690+/10, from which we expected a 3-5% pullback before the next rally to approximately SPX 7120 would ...
I use a branch of technical analysis known as the Elliott Wave Principle, which says, in simple words, that a bull cycle is made up of 5 waves. Once the 5 waves are finished, we should get a ...