To The Moon

Elliott Wave Calling for FTSE to Extend Higher April 24, 2024 By EWFHendra Short Term Elliott Wave view on FTSE suggests that rally from 8.18.2023 low is unfolding as a 5 waves impulse. Up from 8.18.2023 low, wave 1 ended at 7745.82 and pullback in wave 2 ended at 7279.86. Up from there, wave ((i)) ended at 7764.37 and wave ((ii)) pullback ended at 7404.08. The Index then extended higher in wave ((iii)) towards 8015.63 as the 1 hour chart below shows. Wave ((iv)) pullback ended at 7882.68 and wave ((v)) ended at 8044.98. This completed wave 3 in higher degree. Pullback in wave 4 took the form of Elliott Wave zigzag structure. Down from wave 3, wave ((a)) ended at 7952.12 and wave ((b)) rally ended at 8009.52. Final leg wave ((c)) lower ended at 7791.84 which completed wave 4. The Index has

$YM_F Dow Futures Reacting Higher After Double Correction Lower April 23, 2024 By Hassan Sheikh This technical blog will look at the past performance of the 4-hour Elliott Wave Charts of Dow futures ticker symbol: $YM_F. We presented to members at the elliottwave-forecast. The rally from the 03 October 2022 low unfolded as an impulse structure and showed a bullish sequence. The index should see more upside extension to complete the impulse sequence. Therefore, we advised members not to sell the index & buy the dips in 3, 7, or 11 swings at the blue box areas. We will explain the structure & forecast below: Dow Futures 4-Hour Elliott Wave Chart From 4.17.2024 $YM_F Dow Futures Reacting Higher After Double Correction Lower Here’s the 4-hour Elliott wave chart from the

American Airlines (AAL) : Buying The Stock at the Blue Box April 23, 2024 By EWF Vlada Hello fellow traders, As our members know we have had many profitable trading setups recently.   In this technical article, we are going to present another Elliott Wave trading setup we got in American Airlines (AAL) . The stock  completed correction precisely at the Equal Legs zone, referred to as the Blue Box Area. In the following sections, we will delve into the specifics of the Elliott Wave pattern observed and discuss the corresponding trading setup in detail. AAL Elliott Wave 4  Hour  Asia Chart 04.14.2024 Current view suggests AAL stock is doing  wave (2) blue  correction. The price has reached extreme zone at 13.25-11.8 (blue box- buying area). We’re entering l

April 23, 2024 By EWFHendra Platinum (PL) looks to have formed a bottom and the metal has started to rally higher in the next bullish cycle. The metal still needs to break above 1348.2 to confirm that the next leg higher has started. Below we updated the Monthly and Daily Elliott Wave chart for the metal. Platinum (PL) Monthly Elliott Wave Chart Platinum (PL) Monthly Elliott Wave Chart Monthly chart of Platinum above shows that wave ((II)) pullback ended at 562. Up from there, rally is in progress as a nesting impulse. Wave (I) of ((III)) ended at 1348.2 and wave (II) of ((III)) pullback ended at 802.1. From there, the metal extends higher in wave ((1)) at 1148.9. Dips in wave ((2)) completed at 843.1. While above 843.1, the metal can see further upside. Platinum (PL) Daily Elliott Wave Ch

Elliott Wave Suggests AT&T Inc. (T) Last Leg Lower Could Have Started April 23, 2024 By EWFLuis 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 April 2024 AT&T (T) Monthly Chart April 2024 In the monthly chart above, we can see that AT&T shares finished an all-time high with a price of $45.23. Since the beginning of 1999, the value has held a downtrend and we are looking to end this correction. Using the Elliott Wave Principle, a double correction structure (w), (x) and (y) can be clearly seen. From the peak, we have 3 waves in a flat structure that end

SPDR Metals & Mining ETF ( $XME) Found Buyers at the Blue Box Area as Expected. April 22, 2024 By EWFTaha Hello everyone. In today’s article, we will look at the past performance of the 1H Hour Elliott Wave chart of SPDR Metals & Mining ETF ($XME). The rally from 3.14.2024 low at $55.37 unfolded as 5 waves impulse. So, we expected the pullback to unfold in 3 swings and find buyers again. We will explain the structure & forecast below: 5 Wave Impulse Structure + ABC correction $XME $XME 1H Elliott Wave Chart 4.15.2024: $XME Here is the 1H Elliott Wave count from 4.15.2024. We expected the pullback to find buyers at the blue box area at 59.90 – 58.28 in 3 swings. $XME 1H Elliott Wave Chart 4.17.2024: $XME Here is the 1H update from 4.17.2024 showing the bounce taking place as exp

Bitcoin (BTCUSD) Buying the Dips After Elliott Wave Double Three April 22, 2024 By EWF Vlada Hello fellow traders. 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. Our members are aware of the numerous positive trading setups we’ve had in the crypto market recently. One of them is BTCUSD, which experienced a pullback, unfolding as an Elliott Wave Double Three Pattern. It completed clear 7 swings from the peak on March 14th and concluded the correction right at the Equal Legs zone (Blue Box Area). In the following text, we’ll delve into the Elliott Wave pattern and trading setup. Before we take a look at the real market example, let’s explain Elliott Wave Double Three pattern. Elliott Wave Doub

ANF Should Resume Rally From Extreme Areas April 22, 2024 By EWFRaj Abercrombie & Fitch Co., (ANF) operates as an omnichannel retailer in the United States, Europe, Middle East, Asia & Asia-Pacific & Internationally. The company offers an assortment of apparel, personal care products & accessories for men, women & kids under Abercrombie & Fitch, Abercrombie kids, Hollister & Gilly Hicks brands through stores, various wholesale, franchise, licensing arrangements & e-commerce platform. It comes under “Consumer Cyclical” sector under Apparel Retail & trades at NYSE as “ANF” ticker. As mentioned in the previous article, ANF expected further upside in (3) of ((3)) of III & remain supported in pullback to extend higher. It favors pullback in IV towards $11

PAYPAL Elliott Wave Analysis – How Far Will Recovery Go? April 19, 2024 By EWFSanmi PayPal Inc. is a leading force in digital finance, transforming online transactions since its inception in 1998. With a reputation for security and user-friendly services, PayPal facilitates seamless global payments for individuals and businesses alike. From peer-to-peer transfers to e-commerce solutions, PayPal remains a trusted name, empowering millions worldwide to transact securely and effortlessly. PAYPAL Elliott Wave Analysis – Weekly Chart. April 2024 Between July 26, 2021, when PayPal exchanged for $310.16, and October 23, 2023, its stock price plummeted to $50.25. That was over 80% in the red, making it one of the worst-performing stocks on NASDAQ in recent years. However, looking at the chart str

Forecast with Elliott Wave Technique Calling EURUSD to Extend Lower April 19, 2024 By EWFHendra Short term Elliott Wave view in EURUSD suggests that cycle from 12.28.2023 high is in progress as a zigzag Elliott Wave structure. Down from 12.28.2023 high, wave A ended at 1.0694 and rally in wave B ended at 1.098. Wave C lower is in progress as a 5 waves impulse Elliott Wave structure. Down from wave B, wave ((i)) ended at 1.072 and rally in wave ((ii)) ended at 1.0885. Pair extends lower in wave ((iii)) with internal subdivision as another 5 waves in lesser degree. Down from wave ((ii)), wave (i) ended at 1.0846 and wave (ii) ended at 1.0866. Wave (iii) lower ended at 1.071 and rally in wave (iv) ended at 1.0756. Final wave (v) lower ended at 1.06 which completed wave ((iii)). Wave ((iv)) ra