by Lara | Sep 26, 2017 | Education, Public Analysis
If an Elliott channel does not fit a movement, then a best fit channel has to be drawn. The best fit is a channel which contains most or all movement within a trend and is tested the greatest number of times. Example: Click chart to enlarge. A channel drawn about this...
by Lara | Sep 21, 2017 | Education, Gold, Public Analysis
Channels drawn using Elliott’s techniques, outlined here, cannot be drawn until a reasonable amount of a wave has completed. There are two techniques to draw a channel about a new movement earlier. 1. BASE CHANNELS Click chart to enlarge. This is the earliest...
by Lara | Sep 20, 2017 | Education
The three basic Elliott Wave channels are: 1. FIRST TECHNIQUE – IMPULSE Click chart to enlarge. Once enough structure is complete to begin to draw an Elliott channel (about one third to halfway through a wave) use the first technique. A trend channel drawn using...
