The ideal diagonal would consist of five waves. Each wave of the three waves to the downside would be smaller than the previous alternating wave. The alternating waves of the 5 wave move are waves 1, ...

Add articles to your saved list and come back to them any time. Diagonal patterns are simple technical patterns that offer tight zones of entry and exit. Many times, the risk-to-reward ratio of the ...

In this article, we want to show you how powerful can an ending diagonal be, also known as a wedge pattern. In conventional technical analysis, they call it “wedge”. In Elliott Wave analysis we call ...

The DOW and S&P500 are in ending diagonal patterns, indicating that the rally is near completion in a terminal pattern. We should see further choppy upside to complete the pattern, but when ending ...

The current Elliott Wave for US Dollar Index appears to be a terminal wave. We are anticipating a US Dollar reversal below 96.03. The US Dollar rally that began in February 2018 appears to be nearing ...

The U.S. dollar has reached new lows recently against the majors, driven by a higher stock and commodity market, especially oil which has touched the 80.00 area over the past few sessions. EUR/USD is ...

Since the January 2015 Swiss National Bank de-peg, the Swiss Franc has gone largely unnoticed by many traders. After having several months to more freely float, the patterns are becoming technically ...