Elliott Wave View: Oil (CL) Impulsive Rally In Progress

by elliottwave-forecast.com | December 17, 2020 3:31 pm
Rally in Oil (CL) from Nov 2 low is unfolding as 5 waves impulsive Elliott Wave structure. In the 60 minutes chart below, we can see wave 3 of this impulse ended at 47.74. Wave 4 pullback then...

Arcimoto ($FUV) Bullish Trend Intact

by elliottwave-forecast.com | December 16, 2020 4:15 pm
Arcimoto off the March 2020 low has been on an amazing rally. With the stock price rallying from $1 to $20, it has enjoyed a 2000% gain in under a year.  Arcimoto is an electric vehicle company headquartered...

AMD Resuming Higher After Ending Flat Correction

by elliottwave-forecast.com | December 16, 2020 4:13 pm
In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of Advance Micro Devices ticker symbol: AMD. In which, the rally from 02 November 2020 lows, showed the higher...

$EURUSD Buying The Dips At The Blue Box Area

by elliottwave-forecast.com | December 15, 2020 3:52 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURUSD , published in members area of the website.  EURUSD is another Forex pair that we have...

Silver Miners (SIL) Close to Ending Correction

by elliottwave-forecast.com | December 15, 2020 3:51 pm
One of the best ways to play the silver rally, if one believes in the bullish thesis, is through the Silver Miner ETF (SIL). The share price of these publicly traded mining companies usually climb faster than...

$FXE Long Term Cycle and Elliott Wave

by elliottwave-forecast.com | December 15, 2020 3:51 pm
$FXE Long Term Cycle and Elliott Wave Firstly as seen on the weekly chart shown below the instrument made a high in April 2008. There is data back to December 2005 in the ETF fund. Data correlated in...

$U : Uranium Participation Corporation Ramping Up

by elliottwave-forecast.com | December 14, 2020 3:07 pm
Uranium Participation Corporation (UPC) is a holding company which invests its assets long-term in the uranium, both in form of uranium oxide and uranium hexafluoride. Founded in 2005, UPC has its headquarters in Toronto, Canada. One can...

GBPCAD : Bearish Patterns Signalling the Move Lower

by elliottwave-forecast.com | December 14, 2020 2:43 pm
On December 9 2020 I posted on social media @AidanFX  “GBPCAD watch for selling opportunities.”  The charts below were also posted on social media @AidanFX December 9 2020 showing the possible bearish patterns. Blue bearish pattern triggered...

Will Appear the Santa Claus Rally This 2020 Or Not?

by elliottwave-forecast.com | December 14, 2020 2:42 pm
The Santa Claus rally is a capital market phenomenon that happens from December 28 to January 2 of the following year. It named in 1972 by Yale Hirsc who noticed an unusual upward movement in the market...

Tesla ( TSLA ) Elliott Wave Buying The Dips In A Blue Box

by elliottwave-forecast.com | December 11, 2020 4:08 pm
In this technical blog we’re going to take a quick look at the Elliott Wave charts of Wheat Future TESLA, published in members area of the website.  As our members know, TESLA is another instrument that we...