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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…

Short_Patterns.pdf - Free download as PDF File (.pdf), Text File (.txt) or read online for free. Cha Chart rt form formations ations are “ plea pleasing sing”” . Brea Breakout kout from fr om converging con verging trendlines trendli nes and and Power Power Buy (A-B-C (A-B-C)) In the chart above, the first wave after the breakout is wave 1. The first pullback is wave two, the next wave up to $17.33 is wave three, and the pullback that we are in now is wave four. Because investor behavior repeats itself so often, technicians believe that recognizable (and predictable) price patterns will develop on a chart. Recognition of these patterns can allow the technician to select trades that have a higher… Create a printable pdf document with your chart, legend and notes. Or save your project to share it between devices or with another user (Full Version).

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