In essence, Elliott Waves describes price movements as alternating between impulsive phases that establish the direction of the trend and corrective phases that oppose the direction of the trend. It ...

Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. How to Trade the Elliott Wave Patterns using the Stocastic Indicator. Ensign software offers an amazing set of ...

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 ...

Position: Navy blue wave 3. Direction next higher degrees: Orange wave 4. Details: Orange wave 2 appears completed; orange wave 3 now in progress. Wave cancel invalid level: 0.89168. The USDCHF daily ...

Structure: Navy Blue Wave 3. Position: Gray Wave 1. Direction next lower degrees: Navy Blue Wave 4. Details: Navy blue wave 2 appears completed. Now navy blue wave 3 of 1 is developing. Invalidation ...

The two MSI buy signals, one in June and the other October, suggest we've started either a new bull market or a move back to last year’s high around 4,800. The movement of the MSI out of the extremely ...

Recently, the SPDR S&P 500 ETF (SPY) has experienced a pullback to a significant technical support zone around $678, following a decline from recent highs. This article will explore the implications ...

Short-term Elliott Wave count for the NDX. We expect the orange W-3 to peak at the 161.80% extension (~26635), followed by the orange W-4 reaching 25300 ± 100, and a final W-5 to complete the gray ...

Many have asked us whether Bitcoin (BTCUSD) reached a major top in August, as the rally from the April low paused and weakened. Using the Elliott Wave Principle (EW), we will address that question.

The short-term trend of the Bitcoin (BTC) price since its drop to $3700 shows an Elliot Wave pattern forming on lower time frames. While the pattern can reverse to a bullish trend, the declining ...