In the attached chart, you can see the Elliott wave from November onwards.
Would this be a good time to bet on wave 3 of the downtrend? Force index is tredning down but none of the other indicators show overbought conditions yet.
How do you identify the start of an Elliot wave and once done does the pattern remain 12345, next wave 12345, next wave 12345 or can we phase shift some of the waves?
Would this be a good time to bet on wave 3 of the downtrend? Force index is tredning down but none of the other indicators show overbought conditions yet.
How do you identify the start of an Elliot wave and once done does the pattern remain 12345, next wave 12345, next wave 12345 or can we phase shift some of the waves?
