Learn Elliott Wave Theory For Trading at Beginners Strategy

Elliott Wave Theory Beginners Course 2024

The Elliott Wave Theory in technical analysis describes price movements in the financial market. Developed by Ralph Nelson Elliott, it observes recurring fractal wave patterns identified in stock price movements and consumer behavior. Investors who profit from a market trend are described as riding a wave.

KEY TAKEAWAYS

• The Elliott Wave theory is a technical analysis of price patterns related to changes in investor sentiment and psychology.
• The theory identifies impulse waves that establish a pattern and corrective waves that oppose the larger trend.
• Each set of waves is within another set of waves that adhere to the same impulse or corrective pattern, described as a fractal approach to investing.

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