JP Associates: Anticipated Happened
In our previous article dated on 30th March 2014 we had mentioned that, “News always comes after prices have given a breakout and has started moving up which is very difficult for traders and investors to capture. To eradicate this problem it is necessary to use technical analysis and Elliott Wave theory to know the possible reversal before the news arrived. By using Elliott wave theory one can capture not only the reversal but also can forecast which is been shown in the below daily chart.
Prices move exactly as anticipated which is shown in the below daily chart