Short

Eliot's Three Waves and Five Waves

The journey of life has both good times and bad times. happy, happy in good times;
When adversity is unsatisfactory, as long as the Buddhist saying appears in your heart
"greed, hatred, ignorance, arrogance, doubt", then you will feel like living
years, because you have not escaped from the "six paths of reincarnation" in Buddhism, you are still being
set, you will not be happy. Today, let's talk about the five-wave rise and the three-wave tone
all.
Eliot believes that the development of the stock market, when it rises, follows the
The basic pattern of five-wave rise and three-wave adjustment;
Follow the basic pattern of five waves falling and three waves rebounding (note: these two
This content is Elliott's original intention), thus forming a
full cycle. The waves formed by the previous five waves are the main factors in the operation of the stock market.
direction, and the wave formed by the following three waves is the second time of the stock market operation.
want direction. But in fact, sometimes it is possible to get out of the five-wave upswing and the five
Symmetrical trend of falling waves, because the target level is not falling three waves
In place, so we have to continue to wait for the continuation of the last second wave.
Welcome to discuss!

Haoge

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.