Elliott Wave Theory predicts prices in all sorts of markets, allowing investors to adjust their trading strategies based on historical trends. What is Elliott Wave Theory? Elliott Wave Theory is a ...
Professional accountant Ralph Nelson Elliott fired the opening shot in a decades-long debate when he released The Wave Principle in 1938. Elliott's theory of pattern recognition argues that market ...
In essence, Elliott Waves describes price movements as alternating between impulsive phases that establish the direction of the trend and corrective phases that oppose the direction of the trend. It ...