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 ...
The S&P 500 (SPX) continues to advance as it works toward completing a diagonal Elliott Wave structure that began at the ...
“Silver is coming straight higher after the recent corrective pullback in wave “iv”, so it’s ideally now already in wave “v”, ...
James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...
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 ...
This article delves into the Elliott Wave analysis of the EURUSD currency pair, focusing on its recent Double Three pattern and subsequent market movements. We will explore the significance of this ...
Everyone hopes to gain an edge in the markets and develop their trading skills, and while various indicators, analysis tools and methods are available, it is impossible to know which ones will work ...
It's time to wait and watch the market, not a time buy or sell—patience is key right now. We're expecting this advance to occur in two waves, as suggested by Elliott Wave theory. Right now, the ...