Elliot Wave Theory Definition and details in Forex Trading.

Elliot Wave Theory, jise Ralph Nelson Elliot ne 1930s mein develop kiya, ek technical analysis tool hai jo financial markets mein price movements ko analyze karne ke liye istemal hota hai. Elliot Wave Theory ke mutabiq, markets mein price movements ke piche kuch repetitive patterns hote hain, jo ki sentiment aur psychology ke asar ko reflect karte hain. Yeh theory maanti hai ki markets mein trends aur counter-trends wave patterns mein hoti hain.

Elliot Wave Theory ke mukhya tattva hain

1. Trends
Elliot Wave Theory ke mutabiq, market mein do tarah ke trends hote hain: impulsive aur corrective. Impulsive trends mein market direction mein lamba move hota hai, jabki corrective trends mein price retracement hota hai.

2. Wave Structure
Har trend ko waves mein divide kiya jata hai. Impulsive trend mein paanch waves hoti hain: three impulse waves (1, 3, aur 5) aur do corrective waves (2 aur 4). Corrective trend mein bhi paanch waves hoti hain, lekin yeh structures complex aur unpredictable ho sakti hain.

3. Fibonacci Ratio
Elliot Wave Theory mein Fibonacci ratios (jaise ki 0.618 aur 1.618) ka bhi istemal hota hai price targets aur retracement levels ke liye. Ye ratios waves ke lengths aur retracements ko measure karne mein madadgar hote hain.

4. Wave Degree
Har wave ko degree diya jata hai, jo uski importance ko represent karta hai. Choti timeframes par kam degree ki waves zyada choti-term fluctuations ko represent karti hain, jabki badi degree ki waves long-term trends ko show karti hain.
Forex trading mein Elliot Wave Theory ka istemal traders dwara sentiment aur trend ki analysis ke liye hota hai. Iske through, traders market mein aane wale moves ko anticipate kar sakte hain aur trading strategies ko design kar sakte hain. Yeh theory kafi complex hai aur uska sahi istemal karne ke liye experience aur proficiency ki zarurat hoti hai.

### Elliott Wave Theory: Forex Trading Mein Tareeqa Aur Tafseel
Elliott Wave Theory forex trading mein ek aham aur maqbool tareeqa hai, jo Richard Elliott ne 1930s mein develop kiya tha. Yeh theory kehti hai ke market movements cyclical patterns follow karti hain, jo human psychology aur investor behavior ke mutabiq hote hain. Is theory ko samajhne se traders ko market ki future movements ka andaza lagane mein madad milti hai.

Elliott Wave Theory ke mutabiq, market movements ko waves mein divide kiya jata hai. Yeh waves teen categories mein divided hoti hain: impulse waves aur corrective waves. Impulse waves wo hoti hain jo market ki major trend ko follow karti hain, jabke corrective waves wo hain jo major trend ke khilaf hoti hain aur price movements ko correct karti hain.

Impulse waves ko paanch sub-waves mein break kiya jata hai. Yeh waves ek sequence follow karti hain: 1, 2, 3, 4, aur 5. Wave 1, 3, aur 5 uptrend ko represent karti hain, jabke wave 2 aur 4 downtrend ko show karti hain. Impulse waves ke baad corrective waves aati hain, jo price movements ko correct karti hain aur normally three waves ka sequence follow karti hain: A, B, aur C.

Elliott Wave Theory ko forex trading mein apply karte waqt traders yeh dekhte hain ke market kis wave phase mein hai aur future movements ka andaza lagane ki koshish karte hain. Yeh theory market ki overall trend ko samajhne aur short-term price movements ko predict karne mein madadgar hoti hai.

Is theory ki ek khasiyat yeh hai ke yeh cyclic nature ko recognize karti hai, jo ke investor sentiment aur economic conditions ke mutabiq market trends ko reflect karti hai. Lekin, yeh bhi zaroori hai ke traders Elliott Wave Theory ko complementary tools ke sath use karein, kyun ke yeh theory akeli market predictions ke liye mukammal nahi hoti.

Agar aap forex trading mein success chahte hain, toh Elliott Wave Theory ko samajhna aur use karna aapko market ke behavior aur trend patterns ko behtar tareeqe se samajhne mein madad de sakta hai. Lekin, hamesha yaad rakhein ke kisi bhi trading strategy ko use karte waqt risk management aur market research bhi zaroori hai.