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Corrections are a hell of a thing!
BUT! If you master corrective wave patterns, you will be able to place high probability trades, at very low risk levels.
And that is the essence of a good trade.
When I am setting an Elliott wave trade, I always use Elliott wave and RSI as a wave count confirmation tool and a trend strength indication.
I have used Elliott wave signals to predict price moves for over 10 years: In this article, I’m going to show you how to trade using Elliott wave analysis. The Elliott wave indicator offers a big picture view of the overall price action in the market. This is simply impossible in any other trading system. Using Elliott wave […]
Elliott Wave labels are a damn mystery starting out!
So its time to get to the point..
This is the Ultimate Beginners Guide ELLIOTT WAVE DEGREE LABELS.
Elliott wave analysis, is a lens to view the market in an objective way. So; let’s get into the meat of the matter to see what exactly is the wave principle. What is Elliott Wave Theory? Elliott Wave theory maintains that collective investor psychology shifts between optimism and pessimism as part of a natural cycle. These mood […]