Elliott Wave Trading Education

Archive by tag: Key ResistanceReturn

Costco Elliott Wave Analysis Reveals Wave 2 Pullback at $1000 Support and Intraday Wave {a} Rally: Forecast For Wave 3 Setup

This Costco Elliott Wave analysis examines both daily and 1-hour charts. On the daily timeframe, COST shows a potential Wave 2 retracement from the $1000 support. The 1-hour chart confirms a five-wave decline followed by a corrective rally in Wave {a} of 2. After completing Wave 2, the next major move is expected to be a downward impulsive Wave 3.

03Mar

U.S. Dollar / Swiss Franc (USDCHF) Elliott Wave Technical Analysis: Market Outlook & Trading Strategy for Forex Traders

Ranjeet | 03 Mar, 2025 | USDCHF analysis, Elliott Wave, Forex trading, price prediction, market outlook, wave structure, trend forecast, trading strategy, price movement, Forex analysis, trend reversal, key resistance, market prediction | Currencies | 0 Comments |

USDCHF Elliott Wave analysis, covering the daily and 4-hour charts, explains the corrective wave structure, key resistance levels, and the anticipated trend direction. Traders will gain insights into USDCHF price movement, Elliott Wave patterns, and market predictions, helping them develop effective trading strategies based on technical analysis.

27May

WTI Elliott Wave Technical Analysis: Understanding the Current Trends and Future Projections

Ranjeet | 27 May, 2024 | WTI Crude Oil, Elliott Wave Analysis, Bearish Trends, Key Resistance Levels, Technical Analysis, Oil Market Analysis, Commodity Trading, Crude Oil Market Trends, Trading Strategies, Market Forecast, WTI Price Predictions, Financial Markets, Investment Insights, Wave Structure Analysis, Medium-Term Outlook | Commodities | 0 Comments |

The WTI crude oil market is currently experiencing a downward trend, as indicated by Elliott Wave analysis. Key resistance levels at 81.07 and 87.63 are crucial for confirming the ongoing wave structure. This article provides a comprehensive look at the current market conditions, including critical insights for traders to make informed decisions. As long as prices remain below these levels, the bearish outlook persists, with sellers likely to dominate in the medium term.

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Costco Elliott Wave Analysis Reveals Wave 2 Pullback at $1000 Support and Intraday Wave {a} Rally: Forecast For Wave 3 Setup