A 5-wave trend can be reversed by a 3-wave countertrend that is full of corrective wave patterns in Elliott Wave Theory. The Elliott Wave Theory is generally applied to bull markets, but it may prove useful...
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Tag: reversal
How to Understand the COT Report Anyone who wants to be involved in the currency market needs to understand how to find certain sources of information that they wouldn’t necessarily be all that concerned about in other...
In trading, swing trading is a type of strategy that tries to take advantage of the natural rhythms of the market. This involves identifying a possible trend and then holding the trade(s) for some time, from two...