The Elliott Wave Monitor channel now has two official usernames.
You can reach the same channel through either of them:
▪️@elliottwavemonitor
▪️@elliottwavetrader
You can reach the same channel through either of them:
▪️@elliottwavemonitor
▪️@elliottwavetrader
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To those who don’t like the analysis:
Guys… this isn’t a Hollywood movie
It’s just a very simple analysis on the yearly timeframe (each candle = one full year).
5 Elliott Waves are done… and we All know that after an impulse, a correction must come.
No rocket science here 🚀.
And if you don’t like it? That’s fine
This channel isn’t like the others: no mandatory 👍, no hearts-and-stars emojis 🌟.
Here you’ve got freedom — agree if you want, disagree if you want.
We’re moving forward anyway… and the analysis will prove itself, as always 😉
Guys… this isn’t a Hollywood movie
It’s just a very simple analysis on the yearly timeframe (each candle = one full year).
5 Elliott Waves are done… and we All know that after an impulse, a correction must come.
No rocket science here 🚀.
And if you don’t like it? That’s fine
This channel isn’t like the others: no mandatory 👍, no hearts-and-stars emojis 🌟.
Here you’ve got freedom — agree if you want, disagree if you want.
We’re moving forward anyway… and the analysis will prove itself, as always 😉
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Besides GOLD, which currency pair do you trade the most?
Anonymous Poll
35%
EURUSD
8%
GBPUSD
22%
BTCUSD
5%
DOW JONES
9%
NASDAQ
9%
GBPJPY 🥰
1%
EURJPY
9%
Crude Oil
2%
Other (DM @ewmsupport)
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Thank you to 11,000 real followers 🙏💙
11,000 genuine traders who truly love learning and making money 👨💻📈
The number may be modest, but its value is huge, all real people, not fake numbers or paid views like other channels 😉
11,000 genuine traders who truly love learning and making money 👨💻📈
The number may be modest, but its value is huge, all real people, not fake numbers or paid views like other channels 😉
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One Of The Signs Of A Trend Change:
When The Trend Is Up & We See Big Candles, Then The Price Starts Forming Smaller Candles…
▪️Two Possibilities:
1. A Trend Reversal Is Coming
2. Low Liquidity In The Market
When The Trend Is Up & We See Big Candles, Then The Price Starts Forming Smaller Candles…
▪️Two Possibilities:
1. A Trend Reversal Is Coming
2. Low Liquidity In The Market
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Elliott Wave Monitor
One Of The Signs Of A Trend Change: When The Trend Is Up & We See Big Candles, Then The Price Starts Forming Smaller Candles… ▪️Two Possibilities: 1. A Trend Reversal Is Coming 2. Low Liquidity In The Market
Rule: When A Support Or Resistance Level Is Broken By A Large Candle, There Is A High Probability That The Price Will Either Correct Or That The Breakout Is False.
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The strength of support/resistance is measured by the number of touches
The more times price bounces from the same level, the stronger it becomes.
But be careful: every bounce weakens it slightly → like a wall that’s cracking.
The more times price bounces from the same level, the stronger it becomes.
But be careful: every bounce weakens it slightly → like a wall that’s cracking.
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Support and resistance are not a line – they’re a zone
Don’t treat them as a straight line, but as a zone where buyers and sellers clash.
If the price breaks your line by a few points → it doesn’t necessarily mean a real breakout.
Don’t treat them as a straight line, but as a zone where buyers and sellers clash.
If the price breaks your line by a few points → it doesn’t necessarily mean a real breakout.
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