Gonçalo Moreira's Blog – October 2011 Archive (1)
Elliott Wave Analysis of fxstreet.com
For enthusiasts of Elliott waves, look to the following chart taken from Google Trends showing the average worldwide traffic of of the term "fxstreet" in all years. Although the company is already 11 years old the sequence starts with an expanding triangle in 2007, presumably printing a C wave, and moving then to an impulsive pattern in 2008. Expanding triangles are rare stances in financial markets. But note that here we are analyzing the progress of something…
ContinueAdded by Gonçalo Moreira on October 5, 2011 at 3:33pm — 2 Comments
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