Hi EW Fans, added some interesting and helpful Fibonacci Numbers in Terms of Elliott Wave from an old Sheet i have found in the Web. You need to switch your Chart and your Fibonacci Tool to Log-Scale. Greetings
Things that do not follow Elliott's basic rules can be seen in wave 1 or A or B or C or wave 4. The difference between these models is in the type of microwaves, which are multi-wave.
The Elliott Wave Principle at its core consists of motive waves, movement in the direction of the larger trend, and corrective waves, any correction against the main trend. Market prices alternate between a motive phase, and a corrective phase on all time scales of trend Please refer to Elliott-Wave-Theory - Motive-Waves post covering rules and tendencies...
Be really careful about placing bets against this monster. The end phase of bull markets are always characterized by explosive panic rallies. Been rising for 12 years. Fed gonna raise rates >1% next year, probably gonna get a 50 basis pip pop in spring or summer, inflation unchecked. Read Friday's NY Times for a very insightful article on when, why and how much...
Tips and tricks on how to use channels in conjunction with Elliott Wave analysis to determine high probability targets and objectives.
Hello guys :) In the previous tutorials we have taught you what Elliott wave theory is. In this tutorial we're going to talk about extensions. we have an extension in either wave 1, 3 or 5. Follow me for more tutorial. Cheers :)
Hello guys :) The Elliott wave theory has 3 rules. Follow me for more tutorial. Cheers :)
Here you can see how an extended flat elliot wave should be counted. However there are multiple counts possible on current date, Using different geometric tools and projections, we can pretty determine accuratly where the price currently is behaving. Therefore I'm expecting at this moment a new wave up, which can be pretty str8 forward, since it is an ABC...
Overview video on how stocks generally behave and how our Elliottwave Indicator Suite can measure that behaviour to identify high probability 5th Wave Swingtrading opportunities. $GM General Motors is used in this great example where Paul also discusses managing this 5th wave trade.
Quick video to show how our Elliottwave indicator suite calculates and prints the elliottwave count, the probability pullback zones and the automated 5th wave target zone.
Quick 10 minute tutorial video on how to measure the recent pullbacks on stocks. Then use simple and repeatable tools to confirm the Elliottwave 4 pullback behaviour and ook for thos high probability 5th wave move. This example is for TWLO but right now there are lots of stocks in the same situation running into the US Elections..
In this post, I'll be providing an in-depth explanation on Elliott Waves, specifically Impulse Waves and Corrective Waves. I personally use Elliott Waves a lot, and as it seems like the majority of my followers are beginner traders unfamiliar with the concept of waves, I decided to do an educational post on it. The concept of Elliott Wave Counts are extremely...
I believe the wave 5 will be complete around 78 fibonacci level reasons : 1 was extended and 3 cant be the shorter, so 5 should be shorter or equal than 3 if 5 reach 100 fibo level then 3 will be the shorter impulse which is wrong, thats why i believe 5 is almost done. also price is forming divergence and the momment looks slow then price should start the...
13 APR 20 Bitcoin Clock is now reporting the Bitcoin Block Halving will take place on May 11, 2020. The note on today’s chart helps me remember how long I have been aiming for the target of $3,113.05 (or lower) per Bitcoin. Since September 3,2019 the original target date has been before the beginning of June 2020. So now that 2020BS (Black Swan) is well...
bullish cypher,bullish bat if we consider both the structure .Prz zone is near price is in channel,broke the trendline .
Elliott Wave Theory attempts to identify recurring price movements within financial markets and to classify them into a set of meaningful patterns, which can become a reliable tool for future price predictions. The underlying principle is that price-action unfolds via an endless alternation between trending and corrective cycles, while producing this effect on...
Quick video discussing the tools included in our Elliott Wave Indicator Suite for TradingView that measure the performance of the Elliott Wave 4 Pull back. Find out more about our Elliott Wave Indicator Suite for TradingView >>>HERE<<<
Hello traders! Today we will talk about positive correlation between stocks and xxx/jpy cross pairs, while we are in RISK ON sentiment. Well, as you know, stocks are in uptrend and there can be room for more upside once a bigger correction fully unfolds. At the same time, xxx/jpy pairs are usually in positive correlation with stocks that can be clearly seen in...