Elliott Wave Theory is my favorite style of analysis in that it has a small set of rigid rules, several guidelines, and a limited number of patterns to follow. If you can identify the patterns ...

-Zigzags subdivide as an A-B-C (5-3-5) sequence -Many times, wave C can be estimated using common rations and channeling In Elliott Wave theory, a zig zag is a pattern consisting of 3 waves labeled ...

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). d3sign / Getty Images Channels provide a simple and reliable way for traders to ...

Whenever I'm scanning through charts for potential trading ideas, the most important thing for me is identifying a clear, recognizable wave structure. If the structure is clear, you can spot a ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...

Neo wave is developed by Glenn Neely which is an advanced concept of Elliott Wave. There are a few new patterns that Neely discovered and these newly found patterns have been occurring more often ...

The USDOLLAR has been a stellar currency over the past several weeks. That outperformance has also anchored lower the price of Gold. Today, we will look at a possible bearish scenario followed by a ...