Variations of Elliott waves triangles
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Variations of Elliott waves triangles
After flags, the price enter in consolidation. In such consolidation zones the price makes also and corrective waves. Depends of the power of the traders against the trend, we can see corrections even to 23.6%. For the Elliott waves triangles the most important is the trend before entering in consolidation. If the trend before entering is up, then it is logical the price to go out with breakout and oposite for the downtrend before entering in the triangle, will come out with breakdown.
Evgenia Gencheva- Administrator
- Posts : 153
Join date : 2016-09-02
Age : 39
Location : Milan, Italy
Re: Variations of Elliott waves triangles
Very useful. Thanks, Eve.
Kiril Zagorski- Administrator
- Posts : 8
Join date : 2016-09-05
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