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General Motors Company
Education
Updated

When the Stars Are Aligned - Trade the High Probability 5th Wave

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Overview video on how stocks generally behave and how our Elliottwave Indicator Suite can measure that behaviour to identify high probability 5th Wave Swingtrading opportunities.

GM General Motors is used in this great example where Paul also discusses managing this 5th wave trade.
Note
snapshot Managing this trade now becomes aggressive, below the low of each previous day until we get taken out. If this 5th wave move continues up and goes longer than the original 3rd wave, then our software automatically re-labels the wave count to a wave 3 and we then look for another profit taking pull back (wave 4) , to do this all over again
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
elliottwaveanalyiselliottwaveforecastselliottwaveideaelliottwaveprojectionTechnical IndicatorsStocksswingtradingTrend AnalysisWave Analysis
xBratSoftwareSolutions
Learn more and subscribe here! thexbrat.com/
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.