Free Charts
Leading Diagonal Sees WTI Correcting - Surfing the Waves Elliott Wave Video for EURUSD, SP500, GBPUSD, WTI CRUDE OIL and USDMXN.
DAX is trading in a five-wave bullish impulse, as we see an unfinished five-wave cycle from Elliott wave perspective.
Risk-on sentiment can push SP500 higher and USD lower, as 5th wave is still missing from Elliott wave perspective.
KuCoin is finishing a complex wave 4 correction, as we see an overlapped wave structure from Elliott wave perspective.
An ending diagonal is a special type of pattern that occurs at the end of the trend. Normally it causes a sharp reversal as it happened recently on USDCHF. The question is where we go from here? Well, we have five waves down on Swissy which means more downside is possible. And if that would be the case then Gold can rally further.
Elliott Wave Free Charts - Wavetraders
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