The zig-zag technical indicator is a fundamental tool used by analysts to detect trend reversals. By identifying support and resistance levels, it helps to identify significant price changes while ...
In essence, Elliott Waves describes price movements as alternating between impulsive phases that establish the direction of the trend and corrective phases that oppose the direction of the trend. It ...
J.B. Maverick is an active trader, commodity futures broker, and stock market analyst 17+ years of experience, in addition to 10+ years of experience as a finance writer and book editor. The ...