The Elliott Wave Theory is based on the idea that the market advances in 5 waves and pullback in 3 waves. The idea has become very famous and millions of traders around the world practice it. We at ...
Everyone hopes to gain an edge in the markets and develop their trading skills, and while various indicators, analysis tools and methods are available, it is impossible to know which ones will work ...
-Zigzags subdivide as an A-B-C (5-3-5) sequence -Many times, wave C can be estimated using common rations and channeling The sub waves of an A-B-C zigzag appear as 5-3-5 Wave B of the zigzag cannot ...
From my experience, the up and down patterns formed by the price movements of the market, called Elliott Waves, are unpredictable in themselves. In practice there are simply too many possible ...
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