Elliott Wave Theory states that one of the three ... In the case of Facebook, the complexity took the form of an irregular correction where the second step of the three-wave correction went ...

According to Elliott Wave, once an advance ends ... called C carries prices back down to the low of wave A. With an IRREGULAR correction, the B rally carries prices to highs that exceed the ...

it is normal for a three wave correction to develop in the opposite direction. Elliott Wave analysts use Fibonacci ratio analysis to arrive at likely measures for these movements. It is easy to ...

Elliott Wave Theory predicts prices in all sorts ... However, the divergence and momentum reversal indicators, along with the irregular correction in wave 4, raise caution for traders.

That's now the case on the EURUSD yet, so we assume that wave (b) is still unfolding as irregular correction ... with method called Elliott Wave Principle. We help traders who are interested ...

The pattern emerging is an irregular flat correction. Wave A and B (circled) concluded at $3.666 and $1.524 respectively. The price is now advancing in an impulse structure corresponding to wave C ...