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In this technical article we’re going to take a look at the Elliott Wave charts charts of Bitcoin BTCUSD published in members area of the website.
An Elliott Wave Flat structure is a 3-3-5 structure and has three different types: Regular Flat, expanded/irregular Flat, and Running Flat. In this article, we will take a look at an example of ...
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Function: Major trend (Minor degree, grey). Position: Wave 2 - grey of Wave 5 - orange. Details: Wave 4 - orange completed at 6.39 as a triangle pattern (labeled A, B, C, D, E - grey). The current ...
The Elliott Wave theory is a technical analysis toolkit used to predict price movements by observing and identifying repeating patterns of waves.
We believe the stock is doing an Elliott wave running flat since the low at 10.30.2018. The flat is very clear due to the strength and nature of the reaction in 5 waves from the low at 12.24.2018.
In Elliott Wave Theory, flat patterns are consolidation moves that are designed to eat up more time than price. Flat patterns tend to be shallow retracements of the previous trend and when ...
We believe Alibaba will see more downside based on a sequence which started on 6.5.2018 high. It is showing an extra swing at 12.24.2018.
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