Variations of Elliott waves triangles

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Variations of Elliott waves triangles

Post by Evgenia Gencheva on Mon Oct 03, 2016 11:23 am

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.



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Re: Variations of Elliott waves triangles

Post by Kiril Zagorski on Mon Oct 10, 2016 1:39 am

Very useful. Thanks, Eve.

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