Watch for "Diametrics" or "Symmetricals," which are unique to Neely’s work. ✅ Step 4: The Self-Confirmation Rule This is the most critical part of the Neely Method.
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The Elliott Wave Principle is a method of technical analysis that aims to predict price movements in financial markets by identifying repeating patterns of waves. According to Elliott, market prices move in waves, which are repetitive and predictable. These waves are composed of smaller waves, which in turn are made up of even smaller waves. The Elliott Wave Principle is based on the idea that market prices reflect the emotions and psychology of market participants, which tend to repeat themselves over time. Watch for "Diametrics" or "Symmetricals," which are unique