Elliott Wave Analysis for Traders

Ralph Nelson Elliott, who dealt with accounting for most of his life and made management recommendations based on the new accounting methods and record-keeping systems he utilized, was born in 1871. In the course of his research, he concluded that everything occurs in a cycle of explosion, stagnation, and regression. Elliott, who came across these fundamental laws in many facets of life, did not take long to discover that there are also psychological cycles and reflections in the financial markets. Later, he developed his theories and blended them with the Fibonacci golden ratio to create the "wave principle." His standing in the financial world has grown as a result of his successful market forecasts in several books and articles.

Investors who complete this course will be able to forecast the magnitude of market ups and downs utilizing the Elliott principle. In straightforward terms, it will be described how investor psychology impacts the trend and how rhythmic variations brought on by human movements like fears, anxieties, overconfidence, passion, high hopes, wrath, and disappointments lead prices to increase or decrease. With the proper implementation of the approach through several example visuals, you will be able to make better-educated financial selections.