-Zigzags subdivide as an A-B-C (5-3-5) sequence -Many times, wave C can be estimated using common rations and channeling In Elliott Wave theory, a zig zag is a pattern consisting of 3 waves labeled ...

Elliott Wave Theory is my favorite style of analysis in that it has a small set of rigid rules, several guidelines, and a limited number of patterns to follow. If you can identify the patterns ...

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 ...

EURUSD likely completed an ending diagonal pattern last week near 1.1631. The short-term trend now points downward. The next downside targets are 1.1065, and possibly 1.0733. Starting from the May 12 ...

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 ...

Towering walls of water blamed for taking out huge ships and helicopters alike have remained a mystery. What would cause a single wave among many others to reach 100 feet high? New computer ...

Trend Bias: The AUD/USD pair is in a larger downtrend, in the process of completing a five-wave decline. Initial Target: The wave ((iii))) low at .6087. Key Level to Watch: Failure to break below ...