Lesson 3:

How To Identify trend maturity with Elliott Wave Theory.

A large degree trend move in any market is like every other price move, it will trace out either a five wave form or a three wave form.

There are some simple forecasting techniques we can follow using the rules and guidelines of elliott wave theory which can help us predict the likely end point of a trend move.

In this lesson I will show you those techniques and apply them to our example in USDJPY.

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