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Elliott Wave: Dynamics of a WXY Elliott Wave Structure

XAGUSD

Silver

Elliott Wave Principle

Elliott Wave Theory

Commodities

Trading

Gold

XAUUSD

Market

Elliottwave

Elliott Wave

Elliott Wave Forecast

Автор: Elliott Wave Forecast

Загружено: 2015-03-08

Просмотров: 9037

Описание: In this educational video, we are going to take a look at (W)-(X)-(Y) Elliott wave structure which is one of the most important structures in the market. It is a 7 swing Elliot Wave structure and is commonly known as a double zig-zag but we would like to point out that every (W)-(X)-(Y) structure is not a double zig-zag.

For it to be a double zig-zag, the internal structure needs to be a 5-3-5 - 3 - 5-3-5. If not, then it's a double corrective or double three Elliott wave structure. We also take a look at Silver 480 minute chart from 1/21 peak so show a WXY structure in progress expected to complete between 15.51 - 15.08.

It could close a cycle from 1/21 peak in this area or bounce in 3 waves and then turn into a triple three (11 swing) or WXYZ Elliott Wave structure.

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___________________________________

To learn more about Elliott Wave, check out our Educational classes here http://bit.ly/3L4LR2l and sign up for a Free 14 day Trial here http://bit.ly/38I6IIh At EWF, we cover 78 instruments in different asset classes from forex, commodities, indices, stocks, ETFs and crypto-currencies. We provide Elliottwave forecast in 4 different time frames, Live Trading Room, 24 hour chat room, live sessions, and much more.

This channel is dedicated to Elliott Wave Analysis in different time frames. We will post videos about Forex pairs, Commodities and Indices. We have modified Elliott wave theory and added new rules to adjust it to the current times. We use a system of pivots and like forecasting and trading with the trend. Buying / Selling 3, 7 or 11 swings with the trend is our mantra. Thank you for visiting, hope you enjoy and learn from the videos.

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Elliott Wave: Dynamics of a WXY Elliott Wave Structure

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