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A simple Approach to Elliot waves patterns Signal generated on trend continuation when breaking the "5" level or on corrective direction after 1-5 waves detected 1-5 labeled points arrows used for signal UP/DOWN direction Chaotic patterns in Blue are drawn all times until  a 1-5 Elliot wave pattern detected  1-5 Red pattern in Bull Market : UP arrow in BULL trend continuation OR DOWN arrow  as a reversal DOWN direction as pattern correction 1-5 Green pattern in Bear Market :DOWN arrow in BEAR tr

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