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 ...

Elliott wave Theory: Is Elliott’s Theory a system in itself? As many traders know, The Elliott wave Theory is a form of technical analysis that finance traders use to analyze financial market cycles ...

Elliott Wave patterns suggest a completed wave (iii) and corrective wave (iv). Fibonacci levels indicate strong resistance near $0.42-$0.43. RSI is neutral on both time frames, hinting at indecision.

Forecasts a major stock market correction lasting into 2026, structured as a five-wave Elliott Wave pattern, with the first wave now complete. Elliott Wave Theory alone can't predict the depth of the ...