Elliott Waves

Elliott Waves refer to a technical analysis method predicting price movements in financial markets. Designed by Ralph Nelson Elliott in the 1930s, the theory suggests that markets move in predictable wave-like cycles influenced by investor psychology. These waves, usually five in an upward trend and three in a downward trend, help traders anticipate future market movements. It's an essential tool for many stock and crypto market traders.

Definition / explanation

Dec 07, 2023, 18:11pm

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