Is it possible that football and Elliott Wave have features in common? Is it possible that you can profit if you are familiar with football tactics- probably not, but at least it does show how those two seemingly different fields have so much in common.
The Euro 2016 has already finished and we have a champion- Portugal. It has been a dynamic game and like every huge-imapct event in the financial markets, the football final was an intense one. After analyzing different football tactics and the Elliott Wave theory, I came to the conclusion that they have a lot to share. And we as traders have a lot to learn from even from a non-related source as the football. In the following 5-minute guide, I will introduce you to some of the important football tactics and will make a parallel between them and trading.
Infographic courtesy of Colibritrader