📈 Elliott Waves & Price Action 📉Currencies | Indices | Metals | Energy | Crypto
This channel is part of the discussion
Elliott Wave Strategy appears in 17 event pages on TGList#XAGUSD - (Chart Link) → When wave structure and Fibonacci levels work together, the market starts to make much more sense and #XAGUSD is a great example of that today.
Waves or Head and Shoulders? You can see both on this chart. In this example: - Wave 3 forms the left shoulder. - Wave 5 forms the head. - Wave B forms the right shoulder. Elliott Wave places the familiar pattern within a larger move: five waves up, followed by an A-B-C…
#DXY 🇺🇸 - (Chart Link) The dollar will continue to lose value; although we may see a rise in the coming days, this will not go beyond a correction and the dollar will continue to fall. Consequently, the major currency pairs will generally move in line with this trend.
Do you check DXY before looking at a dollar pair? It helps to know what is inside it. DXY measures the US dollar against six currencies. The euro alone makes up 57.6% of the index, more than the other five combined. That is why EURUSD has such a strong influence on DXY. A rise…
Do you check DXY before looking at a dollar pair? It helps to know what is inside it. DXY measures the US dollar against six currencies. The euro alone makes up 57.6% of the index, more than the other five combined. That is why EURUSD has such a strong influence on DXY. A rise…
WHY ELLIOTT WAVE WORKS? Since the markets are taking a breather, let’s sharpen our edge. Why do we rely so heavily on the Elliott Wave Principle? Because it is the only system that maps human psychology. 🌊 Wave 1: The stealth phase. Smart money enters quietly against the…