One of the rules of Elliott Wave Principle is that wave 4 should not trade below the top of wave 1.

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Elliott Wave Principle suggests that when a five wave move finishes, we should expect a recovery back to the prior fourth wave level.

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Ralph Nelson Elliott, the architect of the Elliott Wave Principle, suggested that at least one wave in a five-wave sequence is likely to be an extended wave.

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The Elliott Wave Principle says that all corrections happen in three waves, typically labelled ABC.

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Once again, the Wave Principle tells us that a correction can never be made up of five waves.

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The Elliott Wave Principle offers just three simple rules.

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The deal, which was agreed in principle in December, follows talks between Rangers chief executive David Davies and Wave supremo Tim Krause.

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