Understanding that market moves in an impulse or corrective nature, we can now further categorise market moves into 3 scenarios. Here we will illustrate the 3rd scenario - an impulse move, followed by a crawling move. Practical Exercise 1) Find an example of such scenario in the market. It can be any currency pair, any timeframe. 2) Record down what's the...
HI Guys I share today simple ABC setup By Elliot wave and showed you live Example Hope you'll like it and please don't forget to click like button Trade with Care :)
Hello! Hope everyone had a great weekend. I'll post more examples in the comment section below to help you develop a better understanding of where and how to identify ending diagonals. Feel free to write your questions in below. Please share, comment and link this post for more educational posts :)!
I just spotted a very nice Wolfe wave pattern. Sadly just right now. But I thought to publish it as education, since it strictly followed the rules. 1. Waves 3-4 must form a channel with wave 1-2 2. Wave 1-2 equals waves 3-4 3. There is regular time between all waves 4. Wave 5 exceeds the trendline created by waves 1 and 3 5. If price rebound above the trendline...