ELLIOT WAVE – FIBONACCI RATIOS

In Elliot wave analysis, Fibonacci ratios may be an invaluable aid in your road to winning trades. Many traders think that they have mastered Fibonacci technique so they know the

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ELLIOT WAVE PRINCIPLE – BASICS – PART 3

Now as we know something about the Elliot wave principle. So we can carry forward our discussion to the types of motive waves. MOTIVE WAVES Motive waves sub-divide into 5-waves

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ELLIOT WAVE PRINCIPLE – BASICS – PART 2

We discussed earlier about the complete Elliot-wave cycle consists of 8-wave structure, where 5-wave structure is motive and 3-wave structure is corrective. The complete cycle can also sub-divide further into

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ELLIOT WAVE PRINCIPLE – Basics- Part 1

Ralph Nelson Elliot, the father of wave principle discovered that stock market prices moves in recognizable patterns which he defined as “waves”. A wave is an oscillation accompanied by a

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