Elliott Wave Technical Analysis Blog!
Elliott Wave Theory Education

Archive by tag: Stock MarketReturn
January 2023
Elliott Wave Theory is a technical analysis method used to predict stock market trends by identifying repeating patterns in financial market data. The theory was introduced in the 1930s by Ralph Elliott and is based on the idea that stock market trends move in repetitive patterns. There are five main patterns in the theory: impulse waves, corrective waves, zigzags, flats, and triangles. The theory includes rules and guidelines for identifying and labeling waves, but it is subjective and open to ...
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The Elliott Wave theory is a method of analyzing financial markets and making investment decisions. One important aspect of the theory is the concept of "Elliott Wave personalities," which refers to the different types of waves that can occur in market movements. Understanding these personalities and their characteristics can help investors make accurate predictions and sound investment decisions.
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In this article, we explored the basics of the Fibonacci sequence and its use in financial market analysis. We discussed how Fibonacci retracement levels are derived and used in conjunction with trend lines to identify potential levels of support and resistance. We also highlighted some of the limitations of using Fibonacci analysis, such as its subjectivity and the assumption of market predictability. We concluded that Fibonacci analysis can be a useful tool in technical analysis, but should be...
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