Elliot wave technical analysis ki aik form ha. Ralph Nelson Elliot na is ko banaya tha. Elliot ka khayal tha kay markets ka pattern repetitive (bar bar dohranay wala) ha, jis ki base par us nay apni ye theory pesh ki.
Elliot wave kay mutabiq market Waves (lehron) mein chalti ha. Agr ap forex trader hain to ap trading k liay meta trader ko use kar rahy hon gy. So apko is wave meta trader ma use karna ana chahe. Ap k pass agr meta trader ka account ni hai to ap es theory ko demo account par b use kar sakty hain. Es k lae apko account ma jana hota hai waha oscillators or indicators available hoty hain. En ma sy ap ny oscillator ko chose karna hai or phr elliot wave ko enable karna hai .
Types of Waves
· Impulse Wave
· Corrective waves
Impulse waves.
Dear jab aap Elliott Wave ko study Karty Hain Tou iss mein Kuch Aeisi waves hoti hain jo totally bullish trend Mein ban rahi Hoti Hain in waves ko aap impulse wave ka naam Dety Hain jab market Mein different waves ban rahi hoti hain tou iss mein maximum time per aapko 3 to 5 waves ko compare karne ky bad Ek pattern banaty hain Jo aapke liye bht helpful ho sakta hai.
Corrective waves .
Dear Kuch time Jab market retracement Karti Hai To iss mein banny wali waves ko corrective waves Kehty Hain Jab market bearish trend Mein convert Karti Hai Tou iss mein Kuch corrective waves Banti Hain Jab aap Elliott Wave theory ko completely study Karty Hain
