Top 5 Elliott Wave Pattern For Stock Trading Analysis
Top 5 Elliott Wave Pattern For Stock Trading Analysis
Nov 6, 2020
elearnmarkets.com
This pattern resembles a triangle 👇 ⠀ 📚 According to EW theory, each wave of a triangle has an ABC structure, which is clearly visible in this case. ✍️ I have pointed it out in the video for your attention. ⠀ 🔺 Another important point is that a triangle is a trend continuation pattern. ⠀ 📈 AUD/USD has a long-term upward trend, so it is likely that the trend will continue after the triangle completes. ⠀ 🙏 Wait for a breakout of the trend line as additional confirmation of the bullish impulse
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