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NZDJPY Making Strong Comeback From Blue Box

CalendarMonday 6 November 2023 User By Hassan Sheikh

In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of NZDJPY. In which, the rally from 24 March 2023 low unfolded as an impulse sequence and showed a higher high sequence. Therefore, we knew that the structure in NZDJPY is incomplete to the upside & should extend higher. So, […]

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  • GBPUSD Reacted From The Blue Box After A Double Three Structure

    GBPUSD Reacted From The Blue Box After A Double Three Structure


    A Double three structure is a sideways combination of two corrective patterns. There are several corrective patterns including zigzag, flat, and triangle. When two of these corrective patterns are combined together, we get a double three. A combination of two corrective structures labelled as WXY. Wave W and wave Y subdivision can be zigzag, flat, double […]

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  • EURJPY Bullish Impulse Elliott Wave Structure Calling Higher

    EURJPY Bullish Impulse Elliott Wave Structure Calling Higher


    EURJPY rallies as an impulse structure from 5.11.2023 low and should continue higher. This article and video look at the Elliott Wave path of the pair.

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  • GBPUSD Bullish Sequence Suggests Pullback to Find Support

    GBPUSD Bullish Sequence Suggests Pullback to Find Support


    GBPUSD shows an incomplete bullish sequence from 9.26.2022 low & 3.8.2023 low favoring further upside. This article and video look at the Elliott Wave path.

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  • GBPCAD Reacting Perfectly From Equal Legs Area

    GBPCAD Reacting Perfectly From Equal Legs Area


    In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of GBPCAD. In which, the decline from 03 May 2023 high ended 5 waves in a leading diagonal sequence and made a bounce higher. Therefore, we knew that the structure of GBPCAD is incomplete to the downside & […]

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  • 8 Best Forex Signal Providers for 2025

    8 Best Forex Signal Providers for 2025


    What are Forex Signal Providers? Forex signals are trading opportunities identified by a signal provider. Signal providers analyze the market, often using software, and send alerts of potentially profitable trades to subscribers. No matter your level of trading skill and experience, forex signals can help you enhance your trading activities. In addition, experienced traders have […]

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  • USDSGD: Wave ((iv)) Found Sellers At Equal Legs Area

    USDSGD: Wave ((iv)) Found Sellers At Equal Legs Area


    Hello Traders, in this article we will go through how USDSGD reacted lower after reaching an equal legs area. Here at Elliott Wave Forecast we have in place a system that allows us to measure an area in which we can expect a react to take place. We call it equal legs area or blue […]

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