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Category Name: Trading Technicals
 
 
Alternation
By: FX Strategy

Alternation
(Elliott Wave)
Alternation is one of Elliott’s observations. He noticed that it was common that if Wave 2 in an impulsive wave is short and fast, then Wave 4 is sideways (flat) and slow. If Wave 2 retraces a large percentage of Wave 1 then Wave 4 will tend to be a shallow retracement.
 
 

 

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