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 ...

The Elliott wave theory main pattern outlines that the market advances in 5 waves, and each subdivision is also 5 waves in compressed degree cycles.

EUR/USD Elliott Wave analysis shows a three year expanded flat pattern is nearing an end. We are anticipating a bearish reversal that begins from a level below 1.2288.

Using the rules of the Elliott Wave principle, we can place a maximum price potential of this pattern at $74.52. If crude oil prices press beyond $74.52, then another pattern is at play and the ...

Expedia is showing a well-defined Elliott Wave pattern across the market place. The Elliott Wave Principle is a form of technical analysis which we use to analyze price action and forecast the ...

Current Elliott Wave Analysis Starting from the May 12 low at 1.10649, EURUSD seems to have formed a diagonal pattern—shaped like a rising wedge. Based on where it appears within the larger ...

Prechter, who is famed for predicting the stock market crash of 1987 via a system of measuring investor psychology known as the Elliott Wave Principle, said the right shoulder of the pattern is ...

Over the summer we added a simple multi-wave filter to our benchmark method to further improve on our trading plan.Having read Elliott Wave Principle ...

The analysis is based on Elliot Wave theory introduced by Ralph Nelson Elliott in 1938 in his book, " The Wave Principle." The theory assumes that asset price movements can be predicted by ...

Figure 1. Bitcoin’s short-term Elliott Wave count with several technical indicators and moving averages.

GameStop's seemingly crazy moves followed the classic Elliott Wave Patterns that reflect crowd behavior and could have been anticipated ...