Elliott defined rules to identify, predict, and capitalize on wave patterns in books, articles, and letters summarized in R.N. Elliott's Masterworks, published in 1994.

Key Points: Gold’s Elliott wave pattern appears incomplete to the upside. Currently declining in a zigzag pattern. Downside targets include 3,170; 3,070; 2,960 ...

The 1-hour chart displays a detailed corrective structure within a potential W-X-Y formation. Currently, TRX appears to be completing wave X, with an upward move targeting the $0.34 level (0.236 ...

Elliott Wave Flat is a 3 wave corrective pattern which could often be seen in the market nowadays. Inner subdivision is labeled as A,B,C , with inner 3,3,5 structure.

EUR/USD sold off to 1.0332 earlier on Monday after weak Eurozone economic data led traders to raise their bets on a big rate cut by the ECB. This drop comes on the back of a bigger selloff from 1. ...

Elliott Wave Theory offers one of the first major frameworks to try to get a chart-based understanding of market psychology through recurring patterns. However, it requires careful application.

The chart by QCP shows the five-wave bearish structure, with the fifth and final wave lower yet to unfold. Wave 4, identified by the year-to-date gain, has stalled around $25,000, a resistance ...

In wave theory, market trends unfold in five waves, three of which represent the primary trend and the other constitute partial retracements. Bitcoin's year-to-date rally seems to be a retracement ...

The Elliott Wave principle is based on Ralph Nelson Elliott’s conviction that social, or crowd, behavior tends to trend, and reverse, in identifiable patterns, or cycles. Elliott used the stock ...