Elliott Wave for Forex
Elliott Wave for Forex June 20th, 2008 Ralph Nelson Elliot, in late 1920s, established a correlation between financial market moves and a pattern, which is a totally disciplined pattern as opposed to any chaotic behavior. He pointed out that this repetitive pattern occurred because of emotions of investors influenced by outside sources/news at any particular time. He divided the market movements into three distinct groups, trends, corrections, and sideways. He also assigned a wave terminolog
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