a. The EWT pattern is often said to be like three steps forward and two steps back.

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a. The EWT pattern is often said to be like three steps forward and two steps back. Explain this phrase as it relates to EWT.

b. Explain what a Fibonacci number is.

c. Explain the difference between a zigzag and a flat in EWT.

d. Choose any two numbers, and go through the method shown in Box 20.1 to demonstrate how you will arrive at the golden ratio.

e. Explain why using EWT can be difficult for the average analyst.

Related Book For answer-question

Macroeconomics

ISBN: 978-0077307110

8th edition

Authors: David Colander

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Posted Date: Jan 11, 2021 04:17 AM

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a. The EWT pattern is often said to be like three steps forward and two steps back.

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a The phrase three steps forward and two steps back is often used to describe the EWT pattern becaus... View the full answer

Macroeconomics

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