Identifying Corrective Wave in Elliott Wave
This is really quick guide on how to identify Corrective Wave in Elliott Wave. In Elliott wave, the corrective wave has the structure of Wave abc. We can have simple five steps to identify Elliott wave ABC with Structural Score.
Step 1: Look for 2 x EFW in the indicator window
Step 2: Click Correct button from menu
Step 3: Click over 2 x EFW button in indicator window
Step 4: Click Draw Line button
Step 5: Double Click on Wave C to check Wave Score
Also note that Structure Score over 85% is good and acceptable typically.
Also provided price level is an important support and resistance for your trading.
This is really quick guide line on how to use Elliott Wave Trend. We provide more articles and manuals on our product page.
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