๐ Elliott Waves & Price Action ๐Currencies | Indices | Metals | Energy | Crypto
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Elliott Wave Strategy appears in 12 event pages on TGScope#XAGUSD - (Chart Link) โ When wave structure and Fibonacci levels work together, the market starts to make much more sense and #XAGUSD is a great example of that today.
#DXY ๐บ๐ธ - (Chart Link) The dollar will continue to lose value; although we may see a rise in the coming days, this will not go beyond a correction and the dollar will continue to fall. Consequently, the major currency pairs will generally move in line with this trend.
WHY ELLIOTT WAVE WORKS? Since the markets are taking a breather, letโs sharpen our edge. Why do we rely so heavily on the Elliott Wave Principle? Because it is the only system that maps human psychology. ๐ Wave 1: The stealth phase. Smart money enters quietly against theโฆ
#EURUSD ๐ช๐บ๐บ๐ธ - (Chart Link) The #EURUSD rally is done for now, but the bigger trend isn't. A pullback into the Fib 50.0โ61.8 zone would be normal. This is where we expect buyers to step back in.
#DXY ๐บ๐ธ - (Chart Link) โ We have been saying it for weeks. The dollar is not done. The correction just ended, the resistance line broke, and the next leg higher is starting. This is the same view we have shared here again and again, and the market keeps confirming it. Here isโฆ
#XAUUSD - (Chart Link) How we tracked gold before the move, day by day. While most were watching gold fall, we spotted something early. Here is the timeline, with links to prove it: ๐ June 30: We flagged the RSI and Awesome Oscillator divergence. High risk, but the firstโฆ