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RE: Trading Steem with Elliott Wave Theory

in SteemitCryptoAcademy6 days ago

The first impulsive wave is always terraced by the second in the Elliott Wave Theory. If the correction of the 2nd corrective waves is sharp then the correction of the 4th wave will be complex and sideways. Similarly this concept can be applied in opposite direction as well where if the corrective wave 2 shows sideways correction then the corrective wave 4 will show sharp correction. Best wishes.

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Thank you very much for reading my post and commenting thoroughly I tried to present the indicator properly.

You are welcome

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