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Elliott wave theory relates to finance & accounting investing & trading. In terms of practical application, the elliott wave principle has its. By ramki ramakrishnan follow on twitter @wavetimes. Now invest & trade in stocks with 99.7% accuracy rate. 1.2 basic principle of the 1930's elliott wave theory.
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Whether it's forex or stocks, elliott waves have and always have been one of the most important tools for technical analysis.
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Learn what is elliott wave theory, its history, basic structures, and fibonacci relationship between waves. I've never approached the markets from an ew perspective so when asked what i thought, i had no proper answer. Scientists recognize a tree as a fractal, but that doesn't mean anyone can predict the path of each of its branches. Elliott wave practitioners stress that simply because the market is a fractal does not make the market easily predictable. They can form different patterns such as.
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