Elliott Wave Analysis: Calling the low in place in Bitcoin

by elliottwave-forecast.com | February 13, 2018 11:38 am
Bitcoin ticker symbol: ( BTCUSD ) Short Term Elliott Wave view suggests that the decline from December 17.2017 peak to February 05.2018 low (5920.72) ended the Super Cycle wave “(b)” lower. Above from there, the rally is unfolding as a leading diagonal Elliott Wave structure. Where...

Dow Jones Iron & Steel Index DJUSST Bullish Sequence

by elliottwave-forecast.com | February 12, 2018 12:42 pm
Last month, Dow Jones Iron & Steel Index DJUSST managed to break above December 2016 peak and created an incomplete bullish sequence  from 2016 low calling for a move higher toward equal legs area $374 -$411. In...

Elliott Wave Analysis: DXY extended correction as triple three

by elliottwave-forecast.com | February 8, 2018 10:14 am
DXY Short Term Elliott Wave view suggests that the decline to 88.44 ended Intermediate wave (3). Up from there, correction in Intermediate wave (4) is in progress as a triple three Elliott Wave structure. Rally to 89.64 ended Minor...

Elliott Wave Analysis: Dow Future in Correction

by elliottwave-forecast.com | February 2, 2018 11:31 am
Dow Future Short Term Elliott Wave view suggests that the rally to 26690 ended Intermediate wave (3). Down from there, Intermediate wave (4) pullback is unfolding as a double three Elliott Wave structure where Minor wave W ended at 26121 and Minor...

One Market concept and The Elliott wave Theory

by elliottwave-forecast.com | January 28, 2018 1:59 pm
The Elliott wave Theory is a form of Technical analysis that traders use to analyse the market and forecast the trend and we will explain how we use it for One Market Concept. The Theory was developed...

Elliott Wave Analysis: GBPUSD ended wave (4) correction

by elliottwave-forecast.com | January 26, 2018 10:07 am
GBPUSD Short Term Elliott Wave view suggests that pair ended Intermediate wave (2) at 1.33 on 16 December 2017. Up from there, Intermediate wave (3) rally is unfolding as 5 waves impulse Elliott Wave structure where Minor wave 1 ended at...

DAX Elliott Wave Analysis: Correction in Progress

by elliottwave-forecast.com | January 11, 2018 10:38 am
DAX Short Term Elliott Wave view suggests that Intermediate wave (X) ended at 12731.46. Rally from there is unfolding as a 5 waves impulsive Elliott Wave structure where Minutte wave (i) ended at 12943, Minutte wave (ii) ended at 12881.5,...

Why Oil Should Be Supported in Weekly Chart

by elliottwave-forecast.com | January 11, 2018 9:54 am
Hello fellow traders, in this blog post, we will discuss oil in a more bigger picture. In the chart below, you can see crude oil futures on the weekly chart. From the 02/08/2016 low, we can clearly see...

DAX Elliott Wave Analysis: Ending 5 Waves

by elliottwave-forecast.com | January 9, 2018 9:08 am
DAX Short Term Elliott Wave view suggests that the Index ended Intermediate wave (X) pullback at 12731.46. The rally from there is unfolding as a 5 waves impulse Elliott Wave structure where Minutte wave (i) ended at 12943, Minutte wave (ii)...

Gold is Ready for New Rally

by elliottwave-forecast.com | January 5, 2018 3:44 pm
Gold closed above $1,300 per ounce for the first time in 5 years as the U.S. dollar saw it’s worst decline over the past 14 years. Despite a strong start in 2017, XAUUSD spent most of the year in a sideways...