The key Elliott wave pattern to this picture is the rally from March 13 to April 17. That pattern is clearly a 3-wave zigzag ...
Even before I start writing this story, I can see critics saying that all this analysis is after the fact. Well, I can show you plenty of examples where the technique that is being discussed below was ...
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 ...
Zorrays Junaid has extensive combined experience in the financial markets as a portfolio manager and trading coach. More recently, he is an Analyst with Alchemy Markets, and has contributed to DailyFX ...
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 ...
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 ...
Bitcoin's BTC $71,011.42 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.
When most people start trading in their own accounts, whether their style is to trade frequently for the short-term or to take a longer-term, “swing trading” view, they are inclined to look for a ...
Most traders spend too much time reacting to news and too little time trying to understand what price is already saying.
Our previous analysis on May 1 forecasted a rally to $106 followed by a dip and another rally above $111. The first two legs of this sequence have completed (rally to $106 then dip), now crude oil ...
NEAR Protocol holds above key Elliott Wave support as the chart maps targets at $2.50, $2.65, and $2.86. Wave 4 pullback risk ...