-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 ...
EURGBP chart shows a clear Elliott Wave zigzag pattern including an ending diagonal. This pattern combination offers a clear set up with a positive risk to reward ratio. When trading, I am looking for ...
The Elliott Wave principle was first developed by an accountant, Ralph Nelson Elliott, to describe, and ideally predict, market cycles. Utilizing technical analysis and group psychology, it identifies ...
Whenever I'm scanning through charts for potential trading ideas, the most important thing for me is identifying a clear, recognizable wave structure. If the structure is clear, you can spot a ...
Elliott Wave Theory predicts prices in all sorts of markets, allowing investors to adjust their trading strategies based on historical trends. What is Elliott Wave Theory? Elliott Wave Theory is a ...
In this webinar recording, we assessed a challenging pattern whose name says it all…complex correction. In Elliott Wave Theory, if the correction was too shallow in price or too short in time, ...
Descending Wedge: DOT is breaking out of a falling wedge pattern. Elliott Wave Structure: A W-X-Y-Z corrective wave is likely to be completed. Fibonacci Resistance ...
On Monday, I showed that the euro vs the dollar was declining to a point where it could challenge a tramline. I said: "A break through this tramline would be bearish, I believe, and short sales could ...
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