Silver is retesting the downside support? Silver is testing a previously broken hard downside resistance 24.50-25 zone. A long-term falling trend line with well-defined breakout levels is being tested. A confirmed break above 24.60 is now crucial for an upside reversal. A rejection here and follow-through below 23.60 are
What Is Elliott Wave Theory Trading? Elliott wave trading analysis and strategy were invented and introduced by Ralph Nelson Elliott. He analyzed the data from the stock market dating 75 years back. It was from this analysis that Elliott discovered and was able to conclude that the financial markets
Where to target AUDJPY breakout higher?
Category: Blog
AUDJPY is breaking above the long-term upside resistance What is happening with AUDJPY? We are seeing the MONTHLY November bounce off the support 74 and a break above the long-term resistance 76.80 followed in December. Does this mean that the AUDJPY continues higher above the key long-term resistance 78?
Elliott Wave technical analysis with trading signals for Gold, WTI Oil, SPX, NASDAQ, DJIA NASDAQ As with the other Indices, NASDAQ seems to be in the extension of the 5th wave from the 6620 bottom in a previous extended impulsive long-term wave. NASDAQ is breaking higher above ABC flat
Elliott Wave technical analysis with trading signals for NZDUSD, AUDUSD, USDJPY, DXY, EURUSD AUDUSD 5 wave downside count (2nd wave in motion) is invalidated on a break above 0.7300 which we do have and we are in the UPTREND 5th after flat ABC correction wave finished so we are
