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Strategies & Market Trends : Classic TA Workplace

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To: Moominoid who wrote (57815)10/26/2002 12:11:23 PM
From: Shack  Read Replies (2) of 209892
 
I find the power of E-Wave is putting more structure on the classic TA

I agree with this. Before I learned Elliott I often traded wedges that worked out for me in the manner which I described, they returned to the price at which they started, it was not necessary a terminal pattern like an ED. If we have to apply an Elliott label here, call them sloping triangles and they would appear in 'b' positions. In this case they are a continuation pattern in a larger abc.
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