The Elliott Wave Principle is a form of technical analysis that some traders use to analyze financial market cycles and forecast market trends by identifying extremes in investor psychology, highs and lows in prices, and other collective factors.
E.
He proposed that market prices unfold in specific patterns, which practitioners today call Elliott waves, or simply waves.
Ralph Nelson Elliott, a professional accountant, discovered the underlying social principles and developed the analytical tools.
The Elliott Wave Principle is a form of technical analysis that some traders use to analyze financial market cycles and forecast market trends by identifying extremes in investor psychology, highs and lows in prices, and other collective factors
