We believe Alibaba BABA will see more downside based on a sequence which started with the high on 6.5.2018. It is showing an extra swing at 12.24.2018. This low can be counted as swing number 9 (blue) ...
Elliott Wave Theory predicts prices in all sorts of markets, allowing investors to adjust their trading strategies based on historical trends. What is Elliott Wave Theory? Elliott Wave Theory is a ...
Professional accountant Ralph Nelson Elliott fired the opening shot in a decades-long debate when he released The Wave Principle in 1938. Elliott's theory of pattern recognition argues that market ...
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 ...
It's time to wait and watch the market, not a time buy or sell—patience is key right now. We're expecting this advance to occur in two waves, as suggested by Elliott Wave theory. Right now, the ...