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and appears to be resuming a new bullish leg within a larger impulsive cycle. The broader trend remains bullish as the price action aligns perfectly with the Elliott Wave Principle. From the 2009 ...
Details: Navy blue wave 1 of gray wave 1 is still active and nearing completion. Invalidation level: 1.21045. The GBPUSD daily chart displays a clear trending pattern using the Elliott Wave theory.
Now that some time has passed, we are able to focus on the higher probability wave count. Zooming out on the daily AUD/USD chart indicates the current Elliott wave count is wave ((b)) of a bullish ...
Since bottoming in January, the current rally is a large degree third wave that has plenty more upside available. From the daily price chart, it appears the current Elliott wave is (v) of ((i)) of 3.
From an Elliott wave perspective, the recent move looks like a clean impulsive drop, with the fifth wave now potentially in its late stages—possibly forming a wedge. The 0.90 level is very ...
And it was on January 15th, when Elliott Wave analysis warned us. That’s before Trump’s inauguration, not to mention his tariffs. After examining the weekly and daily charts, we turned our ...
Meanwhile, the price action for XRP recently showed that its latest Elliott Wave has now been completed. XRP Could Keep Rallying to $2.5 in This Scenario The hourly chart shows that the price has ...
As far as Elliott Wave analysis is concerned, there might still be some hope for RH bulls after all. The daily chart of RH stock shows that the drop from $745 a share in 2021 can be labeled as a ...
LONDON, April 25 (Reuters) - Activist investor Elliott Investment Management wants oil major BP to replace its strategy chief and create separate units for upstream and downstream activities to ...
Elliott Investment Management has built up its stake in BP Plc to just over 5% of shares, as the activist investor increases its pressure campaign at the struggling oil giant. The holding ...
Activist investor Elliott Management has declared a stake of over 5% in BP and has urged the company to boost cash flow via spending cuts. “Eight weeks ago, we announced a fundamentally reset ...