Anatomy of Elliott wave:
Elliott wave consist of two wave.
EW principles:
Elliott wave consist of two wave.
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Up |
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down |
- Impulsive wave which goes along the main trend
- Corrective wave which goes against the impulsive wave.
See the Picture below
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Picture show EW, In up trend |
EW principles:
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major degree wave |
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Intermediate degree wave |
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Minor degree wave |
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Nested wave |
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Nested wave |
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