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Waves theory of Elliott

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  1. The theory
  2. Rules
  3. The personality of waves
  4. The wave 1
  5. The wave 2
  6. The wave 3
  7. The wave 4
  8. The wave 5
  9. The wave A
  10. The wave B
  11. The wave C

The wave 2 can correct until 100 % the wave 1 but can on no account, to go below this one. It is then necessary to make a new counting.
The wave 3 is never the shortest wave. If she(it) is smaller vague, than 1, then the wave 5 will be even smaller than 3. It suffers no exception.
The wave 4 can never lower(go down) more low than the summit of the wave 1.

[...] The wave C They come to close the sequence of eight waves of the theory of Elliott. It is waves which look like waves 3 in dimension. Their resemblances lead(drive) moreover to frequent confusions: are we in a really bear market or in a simple phase of correction? Supports and resistances Opportunity of supports and resistances: supports and resistances are very useful for trader the binary options, because they allow to obtain precise information about the way the class(course) of an asset(active person) can evolve. [...]


[...] A contrario, a single wave of a dimension consists of 5 sub- waves of a lower degree dimension. 3rd element Every impulsive wave ( 1-3-5 ) consists of 5 sub-waves, while every corrective wave ( 2-4 ) consists of 3 sub-waves. Rules The wave 2 can correct until the wave 1 but can on no account, to go below this one. It is then necessary to make a new counting. The wave 3 is never the shortest wave. If she(it) is smaller vague, than then the wave 5 will be even smaller than 3. [...]


[...] Line S1, S2 and S3 serves as support or as objective, in the case of break in the decline of the point pivot. The passage in the increase of one of the resistances can be interpreted as a bullish signal. Supports crossed(exceeded) in the decline are bear signals. [...]


[...] It is also the reference of calculation to determine the levels of resistance and support. Points pivots are represented under the shape of seven horizontal lines, defined from the classes(courses) of the day before: A central line of the session for the determination of the tendency three level lines of support three level lines of resistance. Calculation of points pivots Pivot = + B + Where Hour is the highest price of the day before B is the lowest price of the day before C is the closing price of the day before. [...]


[...] The wave 5 It is the wave of the small bearers. She(it) is generally little dynamic but she(it) lasts for a long time. It is the last phase of a movement: the end of the euphoria for the bullish movements and the despair for the bear movements. At the end of vagueness(wave) we notice a decline of the volumes and sometimes a wave 5 which does not exceed the pip(top) or the bottom (as the market is bullish or bear) of the wave 3. [...]

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