Elliott Wave Theory is a way of predicting the movement of the stock market. It says that prices move in waves, and by understanding these waves, you can better predict where prices will go. The theory was developed by Ralph Elliott in the 1930s and has been used by traders ever since.
The theory is based on the idea that market prices move in cycles. These cycles are made up of smaller sub-cycles, which themselves are made up of even smaller sub-cycles. By understanding the patterns that these cycles create, you can better predict where prices will go next.
The theory is not without its critics, but many traders believe it to be a valuable tool for making money in the stock market.
Elliott Wave Theory Video
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