Elliott Wave

We will also be using Elliot Wave to help us determine price movements. Although it may seem faily simple at first elliot wave is actually very complex and in depth and will take a long time to understand the abyss that is the elliot wave strategy. Elliott wave is a pattern consisting of 8 waves, 5 in a certain direction than 3 in the oppostie direction or a "corecttion". The first 5 waves consist of Three impulse waves and to correcctive waves. The last 3 waves consist of two impulse waves in the opposited direciton and a correcitve wave as well. This will be expanded upon greatly in the anticipated release of Sync School.