The Elliott Wave approach to understanding the price action is fascinating and useful. What we do with this tool is putting a name to each past cycle and link thousands of cycles and build the big picture. Based on market cycle repetition, we can get a robust forecast using Elliott Wave. Indeed, Elliott Wave is not here to solve all the trader problems, but it is a cornerstone to be a successful trader.
This week the EUR/USD capture our attention, looking for a move down, getting ready to sell, and target the 1.0730 support. While the US Dollar is sideways and expecting a bullish breakout. The S&P 500 is very interesting. We are finding the top and looking for confirmation. Now please watch the video to get all the details about the setups, stay safe, and have an excellent trading week.
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