Elliott Wave is a type of technical analysis devised by a guy who recognized that financial markets move in recurrent […]
Mr. Elliott demonstrated that a trending market follows a 5-3 wave pattern. The first 5-wave pattern is referred to as impulse […]
3-wave countertrends then rectify and reverse the 5-wave trends. To track the correction, letters are utilized instead of numbers. Take […]
Elliott waves, as previously stated, are fractals. Each wave is composed of subwaves. Huh? Allow me to show you another […]
As you might expect, the key to successfully employing Elliott Wave Theory in trading is the ability to identify waves. […]
This is most likely what you’ve been waiting for – drumroll please – applying Elliott Wave Theory to forex trading! […]