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Elliott Wave Forecast
Elliott Wave Forecast Guide and Tips
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Tips for Elliot Wave Forecast
· All markets are cyclical, whether going up or down.
· Count the stock waves in accordance with Elliot Wave numbers.
· Difficult method to use.
· Is based on human rhythms.
· It can be subjective at times.
· Needs great deal of study.
· Test, test and test gain.
· The standard (grand super cycle, super cycle, cycle, primary, intermediate, minor, minute, minuette, sub-minuette) wave pattern applies whether a multi-year structure or a daily structure.
· There are 3 waves down (a-b-c) – corrective waves.
· There are 5 waves up (1-2-3-4-5) – motive waves.
· Trade using Elliott Waves with care, you could get wiped out.
· We would all be rich, if every theory worked.
· You will need to subscribe to a newsletter to succeed.