Wave-Trader

Identification of Impulse/Correction against particular trend

FX:EURUSD   Euro Fx/U.S. Dollar
1863 19 77
Please look at the chart for further details.
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Very good info. Thanks.
+2 Reply
My pleasure
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Thanks
+2 Reply
Wave-Trader PRO Wave-Expert
Cheers
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is there any pullback in these pattern? what is the entry rules?
+1 Reply
Always B wave is a pullback wave when chart form ABC move mate. Just sell on B wave and target C wave and entry rules always be different they depends on B wave pattern formation.
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What is the AB wave. i've never heard it before? do you mean AB=CD wave?
+1 Reply
Search on internet what is ABC move mate
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Alireza Wave-Trader
I'm trading in 15M. Is it a good timeframe for trade ABC move?
+1 Reply
You need extra trading skills for lower time frame mate. its not easy to handle volatility on lower time frame if you think you are are consistent then keep it up mate.
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Might sound silly but How do you properly identify an impulse in a chart?
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This is not much tricky mate you just need to get experience about momentum. When price start to lose momentum than Impulse appears against the losing momentum trend and it always appears in the form of strong and big candles mate. Hope this will help mate.
+1 Reply
elbistan Wave-Trader
Thankyou. I see what you mean. Very helpfull.
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Very informative - Many thanks
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cheers
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2 logical setups for trading, Very nicely explained. Thank you.
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Thanks for posting.
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In the first example you put target D leg instead of B leg.
Is this a mixup between Elliott and advance pattern?

I really need to get more informations on how to identify impulse and correction please if you have any video where you explain that, please share it. Thank you
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NICE pOST SIR ...
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