Every investor nowadays is asking himself/herself the same question repeatedly, “What’s going to happen in 2024”. For investors, this is a vital query as lots of money is involved. Before making investment decisions, investors like me seek valuable insight on which sectors and/or which stocks will be giving high returns. Let’s have a broad look […]

USDJPY shows 5 swing bearish sequence from January 4, 2022 high favoring further downside. This article and video look at the Elliott Wave path.

Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of NZDUSD.   As our members know, NZDUSD is showing incomplete bearish sequences in the cycle from the February 2021 peak. Recently the pair gave us 3 waves bounce against the 0.7217 peak. Recovery unfolded as Elliott […]

Elliott Wave is one of the technical tools that traders use to determine the market’s path. Traders typically use the wave theory and apply it in different time frames to forecast a future path of the instrument. The smaller time frame would show the smaller cycles which together form the larger cycles in the larger […]