How to find the end of a corrective wave? Learn with live market examples on EUR/USD and SPX500 [Video]
A good trader can put together different tools and take a position in a market. Reading supply and demand combined with cycle analysis, such as Elliott Wave, is the foundation for profitable trading. One big mistake in the Elliott Wave theory application that beginners make is trading because they expect a wave over when there is no way of finding the end of a wave without supply or demand validation. A trader who triggers the trade based on feeling or subjective thoughts is gambling.
This week im focusing the narrative on finding the end of a wave professionally by applying support and demand concepts with the Elliott Wave price structure on the EUR/USD and SXP500.
Reprinted from FXStreet，the copyright all reserved by the original author.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com