BABA Finds Sellers In The Blue Box And Reacts Lower
In this blog, we take a look at BABA’s almost perfect reaction lower from the recent blue box. Let us take a look at the 1 hour chart from 3/29/2021. BABA ended a cycle correction at 241.60...
Tag: Trading
Disney Failed the Diagonal And The Irregular Flat Played Out
Since the crash of March 2020, all stocks have tried to recover what they lost, and Disney was no exception. Disney did not only recover the lost, but It also reached historic highs. Now, we are going...
XLV Reacted Higher From The Elliott Wave Blue Box Area
In this technical blog, we are going to take a look at the past performance of 4 hour Elliott Wave Charts of XLV, which we presented to members. In which, the rally from 23 March 2020 lows, showed the higher high...
Elliott Wave View: AUDJPY Resumes Higher
45 Minutes Elliott Wave chart below suggests AUDJPY ended wave (4) pullback at 82.26 in the blue box area. This area is the 100% – 161.8% Fibonacci extension area from wave (3) peak at 85.449. Pair has...
Polar Power ($POLA) Ready To Move Higher
The Clean Energy sector has been just as hot as the EV sector in 2020. Both sectors appear to move together in some degrees. Polar Power is one of those companies that has exploded off the March...
DAX Elliott Wave: Another Buying Opportunity From The Blue Box
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of DAX index published in members area of the Elliottwave-Forecast . As our members know, DAX has been giving...
P&G Bounced Nicely Missing The Ideal Entry Area By Cents
Since the crash of March 2020, all stocks have tried to recover what they lost and P&G was no exception. P&G did not only recover the lost, but It also reached historic highs. Now, we are going...
FCOJ: Frozen Concentrated Orange Juice Prices Should Climb Higher
Orange Juice is a liquid extract of the orange tree fruit which is produced by squeezing or reaming oranges. It became a standard consumption good in the world but the juice is not everywhere the same. Indeed,...
Can Wave 4 overlap with Wave 1?
One of the most misunderstood rules in Elliott Wave Theory is the overlap rule between wave 1 and 4. I have lost count how many times both members and non-members alike make a comment about our charts...
AUDJPY Rallies From The Blue Box
AUDJPY reacts at the bue box area The 1 hour AUDJPY chart below is from 3/26/2021. The pair reached the blue box down from the blue wave (3) peak. In blue wave (4), the pair subdivided into...