Lesson 2. Elliot Wave Patterns

The Elliott wave principle is a form of technical analysis that finance traders use to analyze financial market cycles and forecast market trends by identifying extremes in investor psychology, highs and lows in prices, and other collective factors....

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Lesson 1. Basic Logic Behind Price Chart

Impulse: very strong candles appearance into particular direction means impulse appearing and trend can continue into that direction. Correction: Usually small candles or corrective candles show that less momentum into the particular direction of the market and price can change...

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