Hello, I am looking for useful information about the use of the elliotic wave theory in practice. I would like to know which rules should be observed?
The Elliott wave theory offers clear rules for describing the behavior of the price of an asset and the waves themselves, which can be used to determine future options for trend behavior. Only 5th elliott wave can be a special exception to the rule because it can be truncated. I advise you to find out on the fbs broker website how exactly you can use truncation in trading.
Hello, I am looking for useful information about the use of the elliotic wave theory in practice. I would like to know which rules should be observed?
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