The Elliott Wave principle is a technical analysis of stock and commodity trends, based on crowd psychology and social trends. It divides market cycles into Impulse and Corrective Waves, with five and three wave structures respectively, following a fractal pattern. The principle is widely accepted and reliable, with Ralph Nelson Elliott credited with formulating it […]
Elliott Wave Theory is a technical analysis used to predict stock market trends by monitoring price wave patterns and collective psychology. It divides waves into impulse waves and corrective waves, which repeat in cycles of different time scales. It works on probabilities and is a careful and mathematical way of exploiting the odds in favor […]
The Elliott Wave principle is a technical analysis of stock and commodity markets, based on charting market cycles using behavioral economics. It divides market cycles into Impulse and Corrective Waves, with further wave structures. The theory is reliable and still widely accepted today, and was formulated by Ralph Nelson Elliott in the 1930s. The Elliott […]
