Key Takeaways WLD broke out of a long-term falling wedge pattern. A five-wave impulse is forming on a 1-hour time frame.

If indeed that 2009-2025 impulse pattern is completed, then deeper cuts are possible down to 2,600-3,500 (see yellow box on the image above). This price zone is guarded by the wave (4) low and the ...

First things first: who invented this technique? It wasn’t the main character of Mr. Robot but Ralph Nelson Elliott, an American accountant who worked in Central America in the 1920s. While he ...

The FTSE index experienced a significant decline from its high on April 3, 2025, reaching a low of 7552.65. We identify this as the completion of wave II. This downturn followed a zigzag pattern, a ...