Good morning my trading colleagues.
It's time for another quick lesson on Elliot Wave Principles🏄♂️.
👨🏫Today I want to start looking at corrections.
This is generally the most complex part of the wave theory and the hardest to identify.
Remember the market's 2 stages (waves)
Motive and corrective.
Motive waves:
Corrective waves:
🔸️Flat
🔸️Irregular
🔸️ ZigZag
🔸️Triangle
Today we're looking at Flat correction.
Attached to this message ⬇️ is an example of a flat correction.
Save is📥, share it📧, remember it🧠.
Know when the market is correcting. This helps you to join the trend early once it resumes.✔
