FOREX THEORY

#forex #trading #elliottwavetheory

Waves Within a Wave
Like we mentioned earlier, Elliott waves are fractals. Each wave is made of sub-waves. Huh? Let me show you another picture. Pictures are great, aren’t they? Yee-haw!
Do you see how Waves 1, 3, and 5 are made up of a smaller 5-wave impulse pattern while Waves 2 and 4 are made up of smaller 3-wave corrective pattern?
Always remember that each wave is comprised of smaller wave patterns. This pattern repeats itself…

FOREVER!

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