Extension Pattern
Maximize your profit by copy Our Trade Description By definition an extension occurs in an impulsive wave, where waves 1, 3 or 5 can be extended, being much longer than…
Maximize your profit by copy Our Trade Description By definition an extension occurs in an impulsive wave, where waves 1, 3 or 5 can be extended, being much longer than…
Description Impulses are always composed of five waves, labeled 1,2,3,4,5. Waves 1, 3, and 5 are themselves each impulsive pattern and are approximately equal in length. Waves 2 and 4…
Studying the patterns is very important in order to apply the Elliott Wave Principle correctly. The pattern of the market action, if correctly determined, not only tells you to what…