XAU/USD (Gold) has been building a contracting triangle chart pattern for a long time. Will the continuation pattern indeed break to the upside as expected? The XAU/USD (Gold) has been building a ...

Updated chart on S&P 500 is showing a triangle formation in wave 4 that is pointing to higher prices now. We are looking at wave 5 that can already be underway up to 2455-2460 this week, while market ...

Elliott Wave triangles are corrective patterns that consolidate the previous trend. Elliott Wave triangles consist of five waves labeled a-b-c-d-e. There are rules and three guidelines in the ...

Trend Bias: The AUD/USD pair is rallying in a corrective Elliott wave zigzag pattern. Initial Target: The 61.8% Fibonacci retracement at .6500 - .6600. Key Level to Watch: 0.6186 is the bullish key ...

USD/MXN is trading slow and choppy in a contracting range, which looks like an ongoing Elliott wave triangle in wave four, so we think that weakness will resume after a-b-c-d-e completed sub-waves.