Potential Target: $6,521 – the beginning of the diagonal pattern, with potentially lower levels. Wave Count: Completed ending diagonal and 5-wave rally since April 2025. On February 17, S&P 500 ...
The Elliott Wave forecast for crude oil prices show a mature up trend and that a significant portion of the previous two year up trend may be retraced. Weekly crude oil chart shows price nearing the ...
EURGBP chart shows a clear Elliott Wave zigzag pattern including an ending diagonal. This pattern combination offers a clear set up with a positive risk to reward ratio. When trading, I am looking for ...
The continued bull run, well into April, took an unexpected detour, but the 3rd wave of an ending diagonal should now be underway, ideally to around 7200, contingent on the index holding above at ...
Diagonal patterns are simple technical patterns that offer tight zones of entry and exit. Many times, the risk-to-reward ratio of the diagonal pattern will better than the 1-to-2 ratio that we suggest ...