The ongoing XRP correction is part of a Wave 2 pattern identified two years back, with Wave 3 eyeing a double-digit target.

Elliott Wave Theory is my favorite style of analysis in that it has a small set of rigid rules, several guidelines, and a limited number of patterns to follow. If you can identify the patterns ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...

Even before I start writing this story, I can see critics saying that all this analysis is after the fact. Well, I can show you plenty of examples where the technique that is being discussed below was ...

Triangles are one of the most important corrective patterns in Elliott Wave Theory, helping traders identify consolidation ...