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 ...

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 ...

Bitcoin analysts warn the recent rally fits a B-Wave structure, with a C-Wave decline and $60K support now in focus.

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 ...

Most traders spend too much time reacting to news and too little time trying to understand what price is already saying.

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 ...

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 ...

There is nothing more exciting to us than reading the price action of the charts to see what will happen in the future. It becomes even more exciting when we find something that everyone else seems to ...

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 ...