The AUDJPY chart below clearly shows a bullish harmonic pattern (Light Blue) with a bullish divergence pattern (Red) terminating in a demand zone (Gray) signalling that the pair could reverse higher. I posted the chart below on social media @AidanFX on February 14 2025 and currently waiting for price to move lower to tap the…
Categoria: Uncategorized
USDCAD : Moves Higher as Expected and Hits the 1:4 Risk/Reward Target
On January 15 2025 I published an article –> Will USDCAD Rally Higher? , where I gave a BUY/LONG trade setup. USDCAD January 15 2025 (Setup/Entry) USDCAD January 17 2025 (Target Hit/Trade Closed) Buy trade entered January 15 2025 at 1.4334 with Stop Loss at 1.4301 and on January 17 2025 USDCAD moves higher and hits the 1:4RR target…
PepsiCo May End The Bearish Cycle From 2023 Soon
Pepsico ($PEP) has been in a bearish cycle since May 2023. However, the cycle is getting extreme and the sell-off may relax in the coming weeks or months. While we may not know what will trigger the buyers to find entries soon, traders should be aware of this key zone for opportunities. PepsiCo is a…
AT&T (T) Stock’s Bullish Run: What Investors Should Expect
AT&T Inc. (T) is an American multinational telecommunications holding company headquartered in Dallas, Texas. It is the world’s largest telecommunications company by revenue and the third-largest provider of mobile telephone services in the U.S. AT&T (T) Monthly Chart September 2024 In the last…
Elliott Wave View: Silver (XAGUSD) Looking for the Next Leg Higher
Short term Elliott Wave in Silver (XAGUSD) suggests rally from 12.19.2024 low unfolded as a 5 waves with extension (nest). Up from 12.19.2024 low, wave (1) ended at 30.972 and pullback in wave (2) ended at 29.68. The metal has resumed higher in wave (3). Up from wave (2), wave ((i)) ended at 31.73 and…
EURUSD Found Buyers After 3 Waves Pull Back
Hello fellow traders, In this technical article we’re going to take a look at the Elliott Wave charts charts of EURUSD forex pair published in members area of the website. As our members know, recently EURUSD made a 3-wave pullback that completed right at the equal legs level. In the following sections, we will analyze…
Elliott Wave View: 5 Swing Sequence in Copper (HG) Favors Higher
Short term Elliott Wave in Copper shows 5 swing sequence from 11.14.2024 low, favoring more upside. Up from 11.14.2024 low, wave 1 ended at 4.335 and pullback in wave 2 ended at 4.005. The metal has resumed higher in wave 3. Up from wave 2, wave ((i)) ended at 4.47 and pullback in wave ((ii))…
NIFTY Elliott Wave: Incomplete Sequences Forecasting the Future Path
Hello fellow traders. In this technical article we’re going to look at the Elliott Wave charts of NIFTY Index published in members area of the website. As our members know , the Index shows incomplete sequences in the cycle from the 26281.55 peak. The price structure calls for further weakness in NIFTY. The index is targeting 21836…
Tesla Stock (TSLA) Elliott Wave Forecasting the Path
Hello fellow traders. In this technical article we’re going to look at the Elliott Wave charts of Tesla Stock ( TSLA ) published in members area of the website. As most traders probably know, the stock is in an overall bullish trend. However, in the short-term cycle from the 488.78 peak, the price has formed a…
Royal Caribbean Cruises (NYSE: RCL) Super Bullish Nest In Progress
Royal Caribbean Cruises Ltd (NYSE: RCL), is one of the best performing stocks in recent years with +1300% up from 2020 lows. In our previous article, we identified the initial bullish structure setting up the current rally. Likewise, we’ll continue exploring the weekly path based on Elliott Wave Theory. In 2023, we explained that RCL was…