-Zigzags subdivide as an A-B-C (5-3-5) sequence -Many times, wave C can be estimated using common rations and channeling The sub waves of an A-B-C zigzag appear as 5-3-5 Wave B of the zigzag cannot ...
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 ...
James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...
It's time to wait and watch the market, not a time buy or sell—patience is key right now. We're expecting this advance to occur in two waves, as suggested by Elliott Wave theory. Right now, the ...
The current view suggests that USDSGD pair is doing a 2 red recovery, which is correcting the cycle from the 1.36703 peak. Proposed recovery can be unfolding as a Elliott Wave Flat Pattern . The price ...
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 ...