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Renminbi (USDCNH) Pullback Is Coming Before More Upside

In the last years, the renminbi made a pause in his attempt to get stronger against USD dollar. In February 2014, renminbi found support at 6.0153 as wave ((III)) and from there it made a perfect zig – zag correction structure to equal legs at 7.1964 in June 2020. After these 3 swings, USDCNH should have continued with the downtrend. However, the pair turning up again breaking 7.1964 high suggesting that market is developing a double correction structure. (If you want to learn more about Elliott Wave Theory, please follow these links: Elliott Wave Education and Elliott Wave Theory) ....

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Lithium ETF (LIT) Needs One Leg Lower Before Continuing The Uptrend

The Global X Lithium & Battery Tech ETF (LIT) invests in the full lithium cycle, from mining and refining the metal, through battery production. T ....

Globalx Lithium , Battery Tech , Solactive Global Lithium , Elliott Wave Theory , Elliott Wave Education , Technical Analysis ,

Shopify (SHOP) Is Extending An Impulse From October 2022 low

Shopify Inc. is a Canadian multinational e-commerce company headquartered in Ottawa, Ontario. Shopify (SHOP) is the name of its proprietary e-commerce ....

Shopify Inc , Chart February , Grand Supercycle , Elliott Wave Theory , Elliott Wave Education , Chart July , Technical Analysis ,

Nio Inc. (NIO) hit the blue box and rally as expected

Nio Inc. (NIO) is a Chinese multinational automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric vehicle ....

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Lithium ETF (LIT) should see more downside to reach a blue box

The Global X Lithium & Battery Tech ETF (LIT) invests in the full lithium cycle, from mining and refining the metal, through battery production. The G ....

Globalx Lithium , Battery Tech , Solactive Global Lithium , Elliott Wave Principle , Elliott Wave Education , Elliott Wave Theory ,