Double Triangle Pattern Earns 62% In 20 Days | Elliott Wave Options Trade Review No.521 – NUE

Elliott Wave – Triangle within a Triangle!

In this Trade Review for Nucor (NUE), Rob explains how the rather unique pattern of a “triangle within a triangle” was a great setup for one of EWO’s unique Strangle positions.

In addition, Rob explains how he uses the ADX as an indication of when a stock is likely to break out of a consolidation pattern.

This NUE trade returned 62% in 20 days for our Trade Alert subscribers!

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Your Guide to Elliott Wave Theory – The ultimate in-depth guide!

Elliott Wave theory is a broad area of knowledge making it very difficult for beginners to know where to start!

This video from Rob Roy is designed to kick off your Elliott Wave journey by giving you a broad overview of the concepts that you will need to understand in order to start trading with Elliott Wave.

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