Our updated Elliott Wave analysis for the Australian Stock Exchange (ASX) focuses on BLOCK, INC – XYZ (SQ2). Currently, ...

We will cover here the most basic forms, but there are a lot of them that you can find in the excellent book Elliott Wave Principle: Key to Market Behavior written by Frost and Prechter.

What is the basic structure of the Elliott Wave Theory? The structure of Elliott Wave Theory includes: Impulse Waves (5 waves): These are five waves that move in the direction of the primary trend ...

We found the risk by applying a standard Fibonacci-based impulse pattern, where the 3rd wave (W-iii) targets the 1.382-1.618 ...

Now that some time has passed, we are able to focus on the higher probability wave count. Zooming out on the daily AUD/USD chart indicates the current Elliott wave count is wave ((b)) of a bullish ...

Elliott Wave International specializes in applying a fractal model to market forecasting. EWI’s analysts track market psychology, herding behavior, Elliott waves and social mood. They consider ...

Decline to the origin of the ending diagonal at 5,100 is the higher probability trend. The Elliott wave pattern of the decline suggests the downtrend is not over and the SP500 may see prices ...

Basic Attention Token (BAT ... time frame indicates a possible move lower before a potential reversal. Elliott Wave analysis aligns with these observations, highlighting a wave completion scenario ...

Silver made a three-wave abc correction in wave 4 which can now extend the rally for wave 5 within a new five-wave bullish cycle towards 34-35 area. After recent five-wave impulse into wave “i ...

From an Elliott wave perspective, the Dollar Index still appears poised for more weakness after the current rebound, which is unfolding in three legs. Right now, the price is testing the first key ...