-Zigzags subdivide as an A-B-C (5-3-5) sequence -Many times, wave C can be estimated using common rations and channeling The sub waves of an A-B-C zigzag appear as 5-3-5 Wave B of the zigzag cannot ...

Three year expanded flat pattern on EURUSD is nearing completion The final wave of the flat is shaping as ending diagonal We are anticipating the diagonal to finish below 1.2288 EUR/USD Elliott Wave ...

-Lack of bounce and break below 1178 suggests we’ll likely visit 1105 and possibly 956 The USDOLLAR has been a stellar currency over the past several weeks. That outperformance has also anchored lower ...

From my experience, the up and down patterns formed by the price movements of the market, called Elliott Waves, are unpredictable in themselves. In practice there are simply too many possible ...

The Elliott wave indicates the index is in a 3rd wave, with an ideal target of approximately 7250, followed by a 4th-wave pullback to ~7100 and another 5th-wave rally to approximately 7345-7490.

Namely, it appears that the index is morphing into a larger ending diagonal (ED), a 3-3-3-3-3 pattern, as the November-January rally (orange W-1) comprises three waves: blue W-a, -b, and -c. Moreover, ...

US Dollar Index advances in a bullish Elliott Wave sequence as large speculators are the most net short in four years. DXY has quietly been making gains since early April. Using the Elliott Wave ...

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 ...

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 ...