Applying the Elliott Wave theory by Clarence J. Liataud
ARTICLE SYNOPSIS ...Applying the Elliott Wave theory by Clarence J. Liataud
The validity of the Elliott Wave theory can be proven by p applying its wave sequence to any
long-range commodity or stock chart. The reason most analysts have trouble applying this theory while
prices are unfolding is the difficulty in determining the shape and size of a current correction. However,
if you keep in mind that after the first and third wave (whatever their size) there will be a correction, and
only a correction, you will know what price action to expect. The various shapes of corrections are below.
To apply the Elliott Wa...