Elliott's key claim involved identifying two types of waves. An impulse wave, which travels in the same direction as the larger trend, always comprises five waves in its pattern. A corrective wave ...
Before we take a look at the real market example of Expanded Flat, let’s explain the pattern in a few words. Elliott Wave Expanded Flat Theory. Elliott Wave Flat is a 3 wave corrective pattern ...
Elliott Wave patterns suggest a completed wave (iii) and corrective wave (iv). Fibonacci levels indicate strong resistance near $0.42-$0.43. RSI is neutral on both time ...
Current levels of extreme bullish sentiment, plus very distinct Elliott Wave patterns, suggest we are in the middle of a longer-term corrective pattern. Historical parallels, like the 1968-74 ...
This Elliott Wave analysis of The Boeing Company, (BA) outlines both the daily and 1-hour chart structures, highlighting the current trends and possible future price movements.
BCH shows signs of a potential bullish reversal with an impulsive structure forming. Key support at $322.34 and resistance ...
This is the end of the corrective Elliott wave. You can see that the ... If I have nailed the top, I need to see a small-scale five-wave pattern down to confirm. Is it there?
XRP shows potential for a major rally, with Elliott Wave analysis forecasting a rise to $8. Key resistance at $3 must be ...
Bitcoin shows signs of a corrective phase with key Fibonacci levels acting as support. RSI momentum and price action suggest ...
This could support a rally in the Aussie, which aligns with the Elliott Wave pattern showing wave A in its final stages, with a strong five wave sell-off from September highs. A bounce could ...
Bitcoin 's price has recently gone into a consolidation phase after significant upward movements, with the <a target=_blank ...