Daily Elliott Wave Analysis 08-18-20 – Crawling to a new high.

Good evening everyone. EURUSD. EURUSD 1hr. EURUSD 4hr. EURUSD daily. Wave (iv) and (v) have taken another step into a larger pattern formation.Mostly because wave (iv) is now labelled as a running flat and todays new high pushes wave (v) towards a larger five wave...

Daily Elliott Wave Analysis 08-17-20 – The BIGGEST short is.

Good evening everyone. A simple chart to start the day. What exists now is one of the biggest short positions ever built in the USD.  The market has simply written off the USD completely by dumping it and buying everything that is not nailed down. We can see this in...

Daily Elliott Wave Analysis 08-12-20 – Oh BOY!

Good evening to you. I read these charts earlier today and all I can say is OH BOY! History is being made for sure!   EURUSD. EURUSD 1hr. EURUSD 4hr. EURUSD daily. EURUSD has failed to break the previous fourth wave low at 1.1694.This fact does raise some concern.But...