Elliott Wave Theory: What It Is and How to Use It
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Elliott Wave Theory: What It Is and How to Use It
Discover how the Elliott Wave Theory aids in predicting stock trends through fractal patterns. Gain insights for better trading decisions with this expert analysis tool.
Sep 8, 2023
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77K views · 2.3K reactions | Gold is in the 4th wave of a correction. ⠀  I will notify my students as soon as the market is ready to resume its trend. ⠀ ❤️ Don’t miss the next impulse. Join my team! ⠀ ✅ Link in bio @ElliottWaveCount | Elliott Wave Count | Facebook
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77K views · 2.3K reactions | Gold is in the 4th wave of a correction. ⠀  I will notify
Elliott Wave Count
This pattern resembles a triangle 👇 ⠀ 📚 According to EW theory, each wave of a triangle has an ABC structure, which is clearly visible in this case. ✍️ I have pointed it out in the video for your attention. ⠀ 🔺 Another important point is that a triangle is a trend continuation pattern. ⠀ 📈 AUD/USD has a long-term upward trend, so it is likely that the trend will continue after the triangle completes. ⠀ 🙏 Wait for a breakout of the trend line as additional confirmation of the bullish impulse
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This pattern resembles a triangle 👇 ⠀ 📚 According to EW theory, each wave of a
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