method of eliot wave

INTRODUCTION
Hello dear traders hope u all are doing well!dear traders hm technical analysis study kar chuky hain agr ap meri posts read karty hain to apko maloom ho ga or agr ni krty to go through kr ln apko knowlege hasil ho ga.aj ki post main hum elliot wave theory ko study karen gy k ye kia ha or es se trading main kesy help hoti ha.

What is Elliott wave theory?

• Dear traders RALPH NELSON ELLIOT ny 1930s main ye theory di or us ny kaha k forex or stock markets jo hain aik random or chaotic manner main move karty hain.
• infact in main repetitive movement hoti ha.
• Elliot wave bhi aik technical analysis ki form ha jo k recent movements market ki dkh k future ko predict karti ha.
• Es theory main 2 trha ki waves ka zkr ki gya ha.

Impulse wave:
ye wo waves hoti hain jo k market main pattern bnati ha elliot waves ka.ye trend k sth jo movement hoti ha market ki usy kaha jata ha.
Correction wave:
Ye wo waves hoti hain jo elliot pattern main large trend ko resist karti hain. Ye market ki retacement move hoti ha.

• Elliot ny kaha k market jb ksi trend main move karti ha to aik swing ki trha ki wave bnati ha blkul seedha ni jati.
• jes k agr market uptrend main ha to market rally ki shkl main opr jygi phr thori retracement ly k nechy ayginor phr opr jygi seedha.
• estrha impulse or corrective wave banti hain.

• agr corrective wave impulse wave ka 50% retrace karti ha to trend ki continuation ka kaha jata ha agr ye 50% se zada retrce kary to trend reverse ho skta ha.

How to predict market using Elliott wave?

• Dear memebrs elliot wave k aik trend main total five moves hoti hain.
• jis main wave 1 jo ha rally type hoti ha jo k market trend ko indicate karti ha .
• jb k wave 1-2 retracement wave hoti ha jo k wave 1 ki 50% tk ho skti ha.
• wave 2-3 impulse wave hoti ha jo k wave 1 ka high bteak kr jati ha.
• or ohr 3-4 wave again corrective wave hoti haor 4-5 wave impulse.
• estrha trend ka pata lga k hm corrective wave k end se entry le skty hain.