The Elliott Wave principle was first developed by an accountant, Ralph Nelson Elliott, to describe, and ideally predict, market cycles. Utilizing technical analysis and group psychology, it identifies ...

The Elliott wave principle is a technical analysis method that traders use to analyze the market and identify trends by using the relationship between highs and lows, applying a system developed by ...

Three year expanded flat pattern on EURUSD is nearing completion The final wave of the flat is shaping as ending diagonal We are anticipating the diagonal to finish below 1.2288 EUR/USD Elliott Wave ...

EURUSD is very close to completing a t hree year Elliott Wave expanded flat pattern The final wave is taking shape with some targets near the 10 year trend at 1.26 A bearish reversal has an initial ...

-Zigzags subdivide as an A-B-C (5-3-5) sequence -Many times, wave C can be estimated using common rations and channeling The sub waves of an A-B-C zigzag appear as 5-3-5 Wave B of the zigzag cannot ...

The Elliott wave indicates the index is in a 3rd wave, with an ideal target of approximately 7250, followed by a 4th-wave ...

-Lack of bounce and break below 1178 suggests we’ll likely visit 1105 and possibly 956 The USDOLLAR has been a stellar currency over the past several weeks. That outperformance has also anchored lower ...

When it comes to Elliott Wave principle, the most important thing for me is to focus on clear wave structures. I don’t want to spend time on price action that is messy, choppy, and very hard to read.

Jeffrey Kennedy brings more than 15 years of experience to his position as Elliott Wave International's Senior Analyst and trading instructor. He knows firsthand how hard it can be to get simple ...

Even before I start writing this story, I can see critics saying that all this analysis is after the fact. Well, I can show you plenty of examples where the technique that is being discussed below was ...