Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of General Electric (GE), published in members area of the website. As our members know, GE has ...
Trend Bias: The AUD/USD pair is rallying in a corrective Elliott wave zigzag pattern. Initial Target: The 61.8% Fibonacci retracement at .6500 - .6600. Key Level to Watch: 0.6186 is the bullish key ...
Triangle pattern trading is a strategy many day traders use to enter and exit their positions with confidence as prices stabilize. Triangles are a continuation pattern, meaning they’re not marked by a ...
Two lower degrees of the trend are also visible within wave (iii), whose wave ‘iv’ is a triangle. We’ve also labeled the five-wave structures of waves ‘v’ of (iii) and (a) of 2. If this count is ...
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