Basically Elliott Wave rules state that the market moves in a series of 5 and 3 Waves.
Here we are going to take a look at the basic 5 Wave structure and general fibonacci rations that come into play with these Waves.
As you can see in the main picture that we have a 5 Wave down movement which has all the ideal fibonacci ratios.
Here we are going to take a look at the basic 5 Wave structure and general fibonacci rations that come into play with these Waves.
As you can see in the main picture that we have a 5 Wave down movement which has all the ideal fibonacci ratios.
Unmatched 80% plus forecast accuracy for 6 years : 50eyes.com/forecast-accuracy/
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Unmatched 80% plus forecast accuracy for 6 years : 50eyes.com/forecast-accuracy/
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.