When most people start trading in their own accounts, whether their style is to trade frequently for the short-term or to take a longer-term, “swing trading” view, they are inclined to look for a ...

Descending Wedge: DOT is breaking out of a falling wedge pattern. Elliott Wave Structure: A W-X-Y-Z corrective wave is likely to be completed. Fibonacci Resistance ...

Elliott Wave correction completed, signaling potential trend reversal. A bullish breakout is forming as the price challenges resistance levels. RSI is neutral with upside potential and is supporting a ...

In essence, Elliott Waves describes price movements as alternating between impulsive phases that establish the direction of the trend and corrective phases that oppose the direction of the trend. It ...