Browsing Category
Elliott Wave
USDCNH 6.62 To Complete Intermediate Correction (B)
The USDCNH currency pair continues to form a bearish cycle correction b. It takes the form of a triple zigzag consisting of primary sub-waves Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ.
At the time of writing, the final sub-wave is creating an intermediate (A)-(B)-(C)…
AUDUSD Cycle Correction Completion Coming Up
The AUDUSD formation hints at the construction of a bullish cycle correction b, that takes the form of a triple zigzag Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ of the primary degree.
The final primary wave Ⓩ of the specified cycle is a standard (A)-(B)-(C) zigzag.…
BABA Primary Correction Triangle or Triple ZigZag?
The current BABA structure shows the formation of a bullish impulse V of a cycle degree. Primary sub-waves ①-②-③-④-⑤ make up the said impulse.
Impulse wave ③ is complete and the construction of a horizontal correction wave has begun ④.…
GBPJPY Bearish Trend To Start Below 136.77
The GBPJPY chart shows the final part of a large triple zigzag consisting of primary sub-waves Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ.
The final wave Ⓩ is a simple zigzag and consists of intermediate sub-waves (A)-(B)-(C). Wave (A) is a fully completed bullish…
NZDUSD to End Bullish Correction?
NZDUSD scaled up to a 33-month high during the first session of 2021, just shy of the 73.50c.
The upside move in impulse wave 5 of (C) is seen as part of a triple zigzag correction. The last correction in wave Ⓩ suggests a target at the…
USDCAD Triple ZigZag Completion Coming Up
The current USDCAD structure hints at a primary degree triple zigzag that consists of sub-waves Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. Currently, prices decline in the final impulse wave (C) of a bearish (A)-(B)-(C) zigzag in wave Ⓩ.
Recently, the market…
SPX500 Primary Correction Impulse Complete?
The SPX500 structure shows a bullish cycle impulse consisting of waves ①-②-③-④-⑤.
The first four parts of the primary degree pattern have ended, with the primary correction wave ④ being an intermediate flat.
Intermediate waves…
Surfing the Waves with Gregor Horvat
In today’s advanced ElliottWave analysis Gregor dives into the five most interesting opportunities for the week ahead! Watch how he analyses equities, FXMajors, and commodities and discover how he applies EW principles to come up with his…
USDCHF Double Or Triple Zigzag?
The current USDCHF structure shows the formation of a bearish cycle impulse c, consisting of minor sub-waves 1-2-3-4-5.
Waves 1-2-3 are fully complete, whilst corrective wave 4 is under development. Judging by the internal structure,…
USDJPY: Minute Zig-Zag Likely to Complete Intervening Wave Ⓧ Near 102.46.
Looking at the 1H USDJPY timeframe, we see a bearish intervening wave Ⓧ of the primary degree. Wave Ⓧ is a triple zigzag (W)-(X)-(Y)-(X)-(Z).
Over the past few months, we have seen the formation of the final intermediate wave (Z) of the…