Trailing Stop Loss: An Essential Tool for Risk Management in Trading

by ForexCycle.com | January 22, 2024 10:38 am
Trading in financial markets can be an exhilarating and potentially lucrative endeavor, but it also carries inherent risks. One of the key challenges for traders is managing these risks effectively. This is where the trailing stop loss...

Bitcoin Elliott Wave Structure Suggests Buyers in Control

by elliottwave-forecast.com | January 18, 2024 6:37 pm
Bitcoin (BTCUSD) has been rallying strongly since September 2023 low. It rallied from a low of $24920 to  a high of $49048 gaining $24128 which is almost a 100% gain in 4 months. It made a sharp...

Natural Gas Perfect Reaction Higher From Extreme Area

by elliottwave-forecast.com | January 17, 2024 6:48 pm
In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of Natural Gas ticker symbol: $NG_F. In which, the rally from the 29 March 2023 low unfolded in an impulse...

GDXJ Should Extend Higher in 2024

by elliottwave-forecast.com | January 16, 2024 4:44 pm
GDXJ is an ETF tracking small-cap gold and precious metals mining companies. It has a focus on smaller, more volatile firms. Thus it offers exposure to this precious metal sectors, but investors should be cautious of increased...

Home Depot HD Is Going To Give Us Selling Opportunities

by elliottwave-forecast.com | January 15, 2024 11:27 pm
Home Depot (HD), is an American multinational home improvement retail corporation that sells tools, construction products, appliances, and services, including fuel and transportation rentals. Home Depot is the largest home improvement retailer in the United States. After...

SCCO Favors Corrective Pullback & Remain Supported

by elliottwave-forecast.com | January 15, 2024 11:10 pm
Southern Copper Corporation (SCCO) engages in mining, exploration, smelting, refining & processing of Copper, Molybdenum, Zinc, Silver, Gold & Lead in Peru, Mexico, Argentina, Ecuador & Chile. The company is based in Phoenix, Arizona, US, comes under...

$CRWD: Crowdstrike Reacting from Weekly Bluebox Area

by elliottwave-forecast.com | January 15, 2024 10:54 pm
Crowdstrike Holdings, Inc. is an US American cybersecurity technology company. It provides cloud workload and endpoint security, threat intelligence, and cyberattack response services.  Founded 2011 and headquartered in Austin, Texas, U.S., it is a part of the NASDAQ-100 index. One can trade Crowdstrike...

Exxon Mobil Corp ($XOM) Found Buyers from Extreme Area.

by elliottwave-forecast.com | January 10, 2024 9:59 pm
Hello everyone. In today’s article, we will look at the past performance of the 1H Hour Elliott Wave chart of Exxon Mobil Corp ($XOM). The rally from 12.12.2023 low at $97.47 unfolded as 5 waves impulse. So,...