In essence, Elliott Waves describes price movements as alternating between impulsive phases that establish the direction of the trend and corrective phases that oppose the direction of the trend. It ...

Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. How to Trade the Elliott Wave Patterns using the Stocastic Indicator. Ensign software offers an amazing set of ...

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 ...

The Elliott wave technical indicator suggests the market rally could be stalling. Todd Gordon of TradingAnalysis.com says the S&P 500 and Nasdaq are facing "resistance." If you've never heard of an ...

With the rapid decline in short-term bearish sentiment, we are approaching a critical moment. Investors forget bear markets - and bear market rallies - usually occur in two waves, not one. Are we ...

Structure: Navy Blue Wave 3. Position: Gray Wave 1. Direction next lower degrees: Navy Blue Wave 4. Details: Navy blue wave 2 appears completed. Now navy blue wave 3 of 1 is developing. Invalidation ...

Peter Mathers started actively trading in 1982. He began his career at Hoei and Shoin, a Japanese futures trading company. The EUR/USD pair trades on a flat note near 1.1870 during the early Asian ...

Short-term Elliott Wave count for the NDX. We expect the orange W-3 to peak at the 161.80% extension (~26635), followed by the orange W-4 reaching 25300 ± 100, and a final W-5 to complete the gray ...

In our previous update, see here, and as shown in Figure 1 below, we found for Bitcoin (BTCUSD) by using the Elliott Wave Principle (EW) that, “… BTC bottomed exactly at the 61.8% retracement of the ...

The short-term trend of the Bitcoin (BTC) price since its drop to $3700 shows an Elliot Wave pattern forming on lower time frames. While the pattern can reverse to a bullish trend, the declining ...