explain “ elliot wave theory

Assalamualaikum dear forex members kesy haim ap sab kheriyat sy hongy or trading ko enjoy kr rshy hongy ajka hmra topic hai elliot wave jis k bary main hum discuss krengy ya hmey lye helpful hoga
What is elliot wave theory ?

Dear members RALTH NELSON ELLIEOT ny 1930 mein ye theory di or us ny kaha forex or stock market jo hai ek random or chotic manner main move karti hai inface in main retatitive movement hoti hai
Elliot wave bhi ak technical analysis ki form hai jo k recent movemnt ki dkh kr future ko tredict karti hai
In theory main 2 waves ka zikr kia gya hai


Impluse wave #

Dear members ye wo wave hoti hai jo k market main pattern bnati hain elliotelliot wave ka ye trend k ssth jo movement hoti hai market ki usy kaha jata hai


Corrective wave#

dear members ye wo wave hoti hain jo elliot pattern main large trend kaka resist karti hain ye market ki retracement move hoti hai


Dear members elliot ny kaha k market jab kisi trend mai move karti hai to ak swing ki tarah ki wave bnati hai bilkul seedha nahi jsti jisk ager market uptrend Main hai to market rally ki sorat main uper jayegi

Phr thori retracement ly k neechy ayegi or phr uper jaye gi seedha is tarah impulse or corrective wave bnti hain


How to predict market using elliot wave :,

dear members elliot wave k ak trend main total 5 moves hoti hain jis m akak wave rally type hoti hai jo k market trend ko indicate karti ha jab k wave retractable wave hoti haihai

Jo k wave ki 1 ki 50% tak ho sakti hai
Wave 3 impluse wave hoti hai jo k wave 1 ka high break kar jati hai or 4 corrective wave hoti hai or 5 phr impulse wave
Is tarah trend ka pata lga k corrective wave k end s entry ly sakty haim