The key Elliott wave pattern to this picture is the rally from March 13 to April 17. That pattern is clearly a 3-wave zigzag ...

Zorrays Junaid has extensive combined experience in the financial markets as a portfolio manager and trading coach. More recently, he is an Analyst with Alchemy Markets, and has contributed to DailyFX ...

XRP price fell to a fresh 2026 low near $1.12 on June 12, but a three-wave impulse pattern targets $2.39–$3.11. With $1.43B ...

Discover impulse wave patterns, crucial for Elliott Wave Theory. Learn their rules, definitions, and how they guide trading ...

Whenever I'm scanning through charts for potential trading ideas, the most important thing for me is identifying a clear, recognizable wave structure. If the structure is clear, you can spot a ...

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 ...

Our previous analysis on May 1 forecasted a rally to $106 followed by a dip and another rally above $111. The first two legs of this sequence have completed (rally to $106 then dip), now crude oil ...

Everyone hopes to gain an edge in the markets and develop their trading skills, and while various indicators, analysis tools and methods are available, it is impossible to know which ones will work ...

Most traders spend too much time reacting to news and too little time trying to understand what price is already saying.

There is nothing more exciting to us than reading the price action of the charts to see what will happen in the future. It becomes even more exciting when we find something that everyone else seems to ...