A number of friends have asked me how to best utilize Elliott Wave Analysis. While others have claimed EW simply doesn't work.
In my years of learning, EW is best used to analyze a "Completed" pattern and anticipating the reversal move. It's best to avoid projecting waves as it can get quite complicated with subwaves within subwaves. Harmonics and fibonacci are the key.
I made a quick video to illustrate one way of how to best utilize EW analysis. Hope this is helpful
In my years of learning, EW is best used to analyze a "Completed" pattern and anticipating the reversal move. It's best to avoid projecting waves as it can get quite complicated with subwaves within subwaves. Harmonics and fibonacci are the key.
I made a quick video to illustrate one way of how to best utilize EW analysis. Hope this is helpful