You can use Elliott wave analysis to help you trade the markets objectively. It helps you identify trends and turning points, find realistic price targets and manage risk with precise stop-loss levels -- putting you miles ahead of other traders.
On October 16, palladium bulls celebrated a huge milestone when the precious metal soared above $1000 per ounce for the first time in 16 years. On October 10, we prepared traders for “a new high above 1000.”
How do you know the right time to exit when price action goes your way? While no forecasting method guarantees that you buy at the absolute low and sell at the absolute high, Elliott wave analysis -- and, specifically, Fibonacci relationships between waves -- can help you identify high-probability price targets.