: The NEW theory is based on the same fundamental principles as the traditional Elliott Wave Principle, which assumes that markets move in repetitive cycles. These cycles are divided into waves, with each wave having a specific structure and characteristics.
: The NEW theory uses channeling techniques to define the boundaries within which price movements are expected to occur. Channels help analysts to identify potential reversal points and estimate the extent of price movements. neely elliott wave
: The NEW theory is based on the same fundamental principles as the traditional Elliott Wave Principle, which assumes that markets move in repetitive cycles. These cycles are divided into waves, with each wave having a specific structure and characteristics.
: The NEW theory uses channeling techniques to define the boundaries within which price movements are expected to occur. Channels help analysts to identify potential reversal points and estimate the extent of price movements.