"The Wave Principle is a simple rule-based methodology (3 rules) that allows the practitioner to dissect the collective ‘mindset’ of the market’s participants, which allows for defined, ...
The Elliott Wave Principle is generally considered to be a subjective tool for technical analysis. This is because the interpretation of the wave patterns and counts relies on the experience and ...
EUR/GBP is sporting some clean waves from an Elliott Wave perspective. Since finding a low on August 5, 2015, prices have been advancing in impulsive fashion followed by corrective setbacks. It ...
The Elliott Wave Theory is a powerful technical analysis tool used to predict market trends based on crowd psychology. It ...
In our previous update, see here, and as shown in Figure 1 below, we found for Bitcoin (BTC USD) by using the Elliott Wave Principle (EW) that, “… the next rally may be imminent, because second waves ...
Juan Maldonado has a University degree in Finance, and Foreign trade started his trading career in 2008. Since 2010 has been analyzing the markets using Elliott Wave with different strategies to spot ...
Ever since the US and Israel launched strikes against Iran a week ago, traffic in the vital Strait of Hormuz has ground to a halt. One-fifth of the world’s oil goes through the strait. Even though ...
A 5th wave completed last week, and yesterday’s deep decline signals the larger correction we anticipated in March, ideally ...
Using Elliott wave analysis, we identify several scenarios that point to $6,000+ if Ethereum’s price holds above key levels. We’re often asked what “the Elliott Wave count for X or Y or Z” is.