lliott Wave Theory is a unique and independent analytical instrument that, with certain experience, yields impressive results. However, the Theory has not been formalized yet, does not have a shape of a trading system, hence, the result depends on the subjective interpretation of the analyst-trader.
Tag: elliott
In this article, we will speak about the inner structure and the peculiarities of market waves. We will discuss the multilevel model of the market cycle and its consistent parts – subwaves of various complexity and levels.
Let's get acquainted with the history of its appearance and development, its main statements and rules of Wave analysis.