If the Elliott extension wave is closely related to the Fibonacci, the corrective one is no exception. Today, we will learn how important the connection between retracements and Fibonacci is.
After 2 articles on Zigzag and Flat, today we will learn the final form, the Triangle wave pattern. These are the 3 most popular corrective patterns in Elliott wave theory.
Upthrust and Spring are two extremely effective trading methods of traders in the financial market. It was almost a hundred years old when everything was still in its infancy.