Browsing Tag

Elliott Wave

UKOIL Primary Zigzag to End at 56.52

The current UKOIL structure shows a bullish trend that consists of primary sub-waves Ⓐ-Ⓑ-Ⓒ. The development of the last impulsive wave Ⓒ is formed by sub-waves (1)-(2)-(3)-(4)-(5). Wave (5) is expected to end near 56.52, in which…

DXY Triple Zig-Zag To Fresh Lows

The current DXY structure shows a bearish zigzag in the primary wave Ⓩ, which completes the cycle correction b. The correction leg consists of intermediate sub-waves (A)-(B)-(C). At the time of writing, minor wave 3 has come to an end as…

USDCNH Bullish Correction to 6.60

The current USDCNH structure indicates an intermediate degree impulsive wave (A), followed by a bullish zigzag in wave (B). Wave (B) consists of minor subwaves A-B-C. Minor waves A and B have completed their pattern in the form of a…

BABA: Has Wave ④ Completed?

The BABA structure shows a bullish impulse consisting of waves ①-②-③-④-⑤. At the time of writing, the intermediate waves (1) and (2) of the primary 5th wave are complete. Wave (3) could update the previous maximum, which was formed by…

USDCHF Has Primary Wave Ⓩ Ended?

The USDCHF structure shows a completed bearish cycle trend. The final actionary wave z, which is a primary triple Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ zigzag, has ended. We can then expect the development of a new bullish trend to reach the previous high of 0.919.…