by Lara | Mar 19, 2015 | Gold |
A little more upwards movement to the upper blue trend line was expected. Price has moved higher, but falls slightly short of this trend line. Summary: It is very likely that minute wave ii is over and minute wave iii is beginning downwards now. The target for minute...
by Lara | Mar 19, 2015 | US Oil, US Oil Historical |
A big fourth wave correction is unfolding as expected from last Elliott wave analysis. Now there there is more structure to analyse a better target may be calculated. Summary: I expect either some upwards movement to end 59.07 – 61.57 to be reached in about six...
by Lara | Mar 18, 2015 | Gold |
Another one to three days of downwards movement to 1,136 or 1,123 was expected before a second wave correction began. This is not what happened. The hourly Elliott wave count was invalidated with a new high above 1,160. Summary: Minute wave i is over and minute wave...
by Lara | Mar 17, 2015 | Gold |
Downwards movement was expected for one to three days towards the target. Upwards movement is finding resistance about the upper edge of the channel, with a strong overshoot. Summary: With its structure so far incomplete and with the new low, I have more confidence...
by Lara | Mar 16, 2015 | NZDUSD |
My Elliott Wave and traditional TA analysis of NZDUSD: Click on chart to enlarge.
by Lara | Mar 16, 2015 | Gold |
The fourth wave ended not as a triangle, as expected, but as a double zigzag. Summary: The final fifth wave down is underway. The target is at 1,136 and this may be met in one to three more days. The invalidation point is at 1,164.20. If the invalidation point is...
by Lara | Mar 13, 2015 | Gold |
I expected another red candlestick for Friday’s session. So far there is a small green candlestick, which may end as a green doji or it may end red. The main hourly Elliott wave count was confirmed, and minuette wave (iv) is an almost complete triangle. Summary:...
by Lara | Mar 12, 2015 | Gold |
Another red candlestick was expected for Thursday’s session. The session is close to ending, and so far the candlestick remains red. Summary: A small fourth wave correction is either over or may continue slightly higher / sideways. In the very short term a new...
by Lara | Mar 11, 2015 | Gold |
Another red candlestick was expected. However, a little upwards movement to 1,176 was expected first and this did not happen. Price moved sideways to complete a small triangle for the fourth wave correction and not a zigzag. Summary: The trend remains down at minor...
