To The Moon

Short Term Elliott Wave view in CHFJPY suggests the decline from 7.11.2024 high unfolded as a zigzag structure. Down from 7.11.2024 high, wave A ended at 175.84 and rally in wave B ended at 177.64. The pair then extended lower in wave C with internal subdivision as an impulse. Down from wave B, wave ((i)) ended at 176.91 and rally in wave ((ii)) ended at 177.51. Pair then extended lower again in wave ((iii)) towards 173.15 and bounce in wave ((iv)) ended at 173.96. Final leg wave ((v)) lower ended at 172.28 which completed wave C of (4). Pair has turned higher in wave (5). Up from wave (4), wave (i) ended at 173.3 and pullback in wave (ii) ended at 172.6. Pair then rallied higher in wave (iii) towards 175.15 and pullback in wave (iv) ended at 174.11. Expect pair to extend higher in wave (v

Hello traders, welcome to a new blog post. Today, we will discuss USDCAD as the pair is set to break out of a range that has lasted over two years. How soon can the breakout happen? In May 2021, USDCAD completed a five-year-long bearish corrective cycle that started in January 2016. Since then, the long-term bullish trend from 2007 has resumed. Despite that the pair has spent most of the last two years in a range, a breakout is imminent. The pair is expected to break out of the range in the long term. Afterward, the bullish sequence should extend beyond the January 2016 top towards prices not seen since 2003. USDCAD Elliott Wave Analysis – Weekly Chart, 07.24.2024 USDCAD Elliott wave analysis Recently, on 07.24.2024, we shared the USDCAD weekly chart with members of Elliottwave-Forecast t

Short Term Elliott Wave View in Ethereum (ETHUSD) suggests the impulse sequence ended at $3562.6 high started from 7.05.2024 low. Below there, it favors corrective pullback in wave (2). In daily sequence, it ended ((4)) correction at $2811 low as double three structure against November-2022 low. Above ((4)) low, it ended wave (1) rally at $3562.6 high as the part of ((5)). Within (1), it placed 1 at $3081.6 high and 2 at $2824 low as dip pullback. It resumed higher in 3 as extended wave, ended at $3517.2 high as 2.618 Fibonacci extension of 1. Within 3 of (1), it placed ((i)) at $3213.6 high, ((ii)) at 3048.9 low, ((iii)) at $3499.1 high, ((iv)) at $3350 low & ((v)) at $3517.2 high. It placed 4 as 3 swing pullback at $3368.5 low and 5 as diagonal sequence ended at $3562.6 high as

Hello fellow traders. In this article we’re going to take a quick look at the Elliott Wave charts of NIFTY published in members area of the website.  As our members know,  NIFTY is showing impulsive bullish sequences, suggesting further extension to the upside . Recently we got a 3 waves pull back that has ended right at the Blue Box zone (buying area).  In the further text we are going to explain the Elliott Wave Forecast and trading setup. NIFTY Elliott Wave 1 Hour Asia Chart 07.23.2024 NIFTY remains bullish against the 21286.5 pivot. The Index is currently giving  us pull back in 3 waves , wave (4) blue.  The price made 5 waves from the peak, suggesting NIFTY ended only first leg A of (4)  that is unfolding as Elliott Wave Zig Zag pattern. We expect NIFTY t

Short Term Elliott Wave View in Oil (CL) suggests that cycle from 4.12.2024 high is in progress as a 5 waves impulse Elliott Wave structure. Down from 4.12.2024 high, wave (1) ended at 72.48 and rally in wave (2) ended at 84.55. The commodity has turned lower in wave (3) with internal subdivision as another impulse in lesser degree. Down from wave (2), wave (i) ended at 83.07 and rally in wave (ii) ended at 83.45. Oil then extended lower in wave (iii) towards 81.25 and wave (iv) ended at 82.16. Final leg wave (v) ended at 80.81 which completed wave ((i)) in higher degree. Wave ((ii)) unfolded in an expanded flat structure where wave (a) ended at 83.74. Wave (b) lower ended at 80.22, and rally in wave (c) ended at 83.82 which completed wave ((ii)). Oil has turned lower in wave ((iii)). Down

In this technical blog, we will look at the past performance of the Daily Elliott Wave Charts of Bitcoin ticker symbol: $BTCUSD. We presented to members at the elliottwave-forecast. In which, the rally from the 21 November 2022 low is unfolding as an impulse structure. Showing a higher high sequence favored more upside extension to take place. Therefore, we advised members not to sell the crypto & buy the dips in 3, 7, or 11 swings at the blue box areas. We will explain the structure & forecast below: Bitcoin Daily Elliott Wave Chart From 6.30.2024 Bitcoin Perfectly Reacting Higher From Elliott Wave Blue Box Area Here’s the Daily Elliott wave chart from the 6.30.2024 weekend update. In which, the cycle from the 9.11.2023 low ended in wave ((3)) at $73794 high. Down from t

Toll Brothers, Inc., (TOL) designs, builds, markets, sells & arranges finance for the range of detached & attached homes in Luxury residential communities in the United States. It also owns & operates architectural, engineering, mortgage, title, land development, insurance, smart home technology, landscaping, lumber distribution, house component assembly & manufacturing operations. It is headquartered in Fort Washington, comes under Consumer Cyclical sector & trades as “TOL” ticker at NYSE. TOL favors upside in I of (III) & expects small upside in ((5)) before starts correcting in II sequence against October-2022 low. We like to buy the next pullback of II in 3, 7 or 11 swings at extreme areas. TOL – Elliott Wave Latest Daily View:  TOL – Elliott Wave Latest Da

Short Term Elliott Wave View in Copper (HG) suggests that correction from 5.20.2024 high remains in progress. The internal subdivision of the correction is unfolding as a double three Elliott Wave structure. Down from 5.20.2024 high, wave (W) ended at 4.305 and rally in wave (X) ended at 4.7015. Wave (Y) lower is in progress as a zigzag structure. Down from wave (X), wave ((i)) ended at 4.551 and rally in wave ((ii)) ended at 4.657. The metal then extends lower again in wave ((iii)). Down from wave ((ii)), wave (i) ended at 4.476 and rally in wave (ii) ended at 4.6025. The metal turns lower again in wave (iii) ended at 4.2 and wave (iv) rally ended at 4.242. Wave (v) lower ended at 4.162 which completed wave ((iii)) in higher degree. Rally in wave ((iv)) is currently in progress to correct

The SPDR S&P Biotech ETF (XBI) is an exchange-traded fund that tracks the biotechnology segment of the S&P Total Market Index. This ETF allows investors to gain exposure to large, mid, and small-cap biotech stocks. If you’re interested in biotechnology, XBI could be worth exploring further. Here are some of its top holdings and their percentage weights: United Therapeutics Corporation (UTHR): 2.92%. Exact Sciences Corporation (EXAS): 2.91%. Gilead Sciences, Inc. (GILD): 2.89%. Sarepta Therapeutics, Inc. (SRPT): 2.87%. Amgen Inc. (AMGN): 2.84%. Alnylam Pharmaceuticals, Inc. (ALNY): 2.65%. Regeneron Pharmaceuticals, Inc. (REGN): 2.64%. Vertex Pharmaceuticals Incorporated (VRTX): 2.60%. AbbVie Inc. (ABBV): 2.60%. BioMari

Hello everyone! In today’s article, we will follow up on the past performance of the Real Estate ETF ($IYR) forecast. We will also review the latest weekly count. First, let’s take a look at how we analyzed it back in March 2023. $IYR Weekly Elliott Wave View – March 2023: In our last article, we said that “we don’t believe in a crash but a correction is clearly unfolding and soon buyers will appear at the Blue Box area for a reaction higher. Once the reaction higher unfolds, we will be able to tell if the low is in place and continue higher or more downside will follow.”  $IYR Weekly Elliott Wave View – July 22, 2024: $IYR The latest weekly update confirms that $IYR has ended the cycle lower after bouncing from the Blue Box area at $73.53 – 56.27. As a result, the ETF