Category Archives: Elliottwave Analysis

Explore expert Elliott Wave analysis, market forecasts, and trading insights. Stay ahead with in-depth coverage of wave patterns, price movements, and strategic market predictions at Brash Means.

Understanding the Ending Diagonal Pattern in Elliott Wave Theory

Gold - Ending Diagonal

Reading Time: 2 minutesThe Elliott Wave Theory is a powerful tool for traders and investors, offering insights into market psychology and price movements. One of the most intriguing patterns within this theory is the Ending Diagonal Pattern. For those trading or analyzing markets on platforms like Brashmeans.org, understanding this pattern can be a game-changer. In this blog, we’ll[More…]

Types of Elliott Wave Triangles

Contractig Triangle

Reading Time: 2 minutesUnderstanding Elliott Wave Triangles: A Guide for Traders What Are Elliott Wave Triangles? Elliott Wave triangles are corrective wave patterns that typically appear in wave four of an impulsive wave sequence or as part of wave B in an A-B-C corrective structure. These formations indicate a temporary pause in the market before the trend resumes[More…]

EV-Charging Stocks Post Solid Sales Growth. It Has Little to Do With Tesla.

EVgo

Reading Time: < 1 minuteSecond-quarter results from two electric vehicle charging companies show that EV-related businesses are growing strongly. And the growth isn’t coming from Tesla. Solid sales growth from EVgo and Wallbox is nice to see, especially when the pace of EV sales in the U.S. has slowed. Americans bought about 1.2 million all-electric vehicles in 2023, up[More…]

Cathie Wood Mops Up $8.1M Worth Of Zoom Stock After Q2 Earnings Beat, Sells Nvidia Shares In Excess Of $1

Cathie Wood Mops Up $8.1M Worth Of Zoom Stock After Q2 Earnings Beat, Sells Nvidia Shares In Excess Of $1

Reading Time: 2 minutesCathie Wood-led Ark Invest made significant trades on Tuesday, including a noteworthy move involving Zoom Video Communications ZM and Nvidia Corporation NVDA.The Zoom trade took center stage, with Ark Invest purchasing $8.1 million worth of Zoom shares, based on Tuesday’s closing price of $65.83. Ark Invest purchased 122,831 shares of the company through ARK Innovation

Change of Polarity

DJIA - Dow Jones Industrial Average

Reading Time: < 1 minuteThe charts show that we are at an important juncture in all major markets; #Gold, #DJIA, #DXY, #EURUSD just to name a few. The market may be ready to take a turn for better or worst, depending on your stance in the market bullish or bearish. When the three-wave move is complete; does it mean[More…]

Did you see this Expanded Flat Pattern forming?

Reading Time: < 1 minuteDeceptive in its moves, The Expanded Flat Pattern’s push to a new low (in which at first glance) appears to be a break-out to the downside from a triangle pattern. The triangle pattern is legit; It’s just that it has formed in Wave (B) of ((B)). Some call this a false break-out, while it never[More…]

A Perfect Combination

USDCAD - Wave W and X of Double Three Pattern

Reading Time: 2 minutesWhen a correction is in play, all you can do is wait it out. We sometimes get caught up in trying to predict or forecast. The funny around Instagram is that new traders want to be right all the time but experienced traders want to make money. Everybody wants to make money, though. For me;[More…]

The Awkward Expanded Flat

Reading Time: 2 minutesWithin the $EUR/USD. The pattern that I’ve been tracking for about a month The $EUR/USD. About a month-long cumbersome Expanded Flat, a roller coaster ride to say the least. Right before giving up, the pattern unveils itself. In difficult times of uncertainty, you may have to step away and let the pattern form. You can’t[More…]

Trust Ya Process

$USDCAD - Ending Diagonal

Reading Time: 2 minutesAs we make a new low on 04/23/20. The #USDCAD began to hit support with a huge push back to the upside on the 360-minute chart. The candle closed more than ¼ of the previous (long drop) candle. By the very next day, we had already reached a high looking at a potential doji. Now[More…]