Understanding Elliott Wave Structures (Educational)

2017年6月21日

Basically Elliott Wave rules state that the market moves in a series of 5 and 3 Waves.

Here we are going to take a look at the basic 5 Wave structure and general fibonacci rations that come into play with these Waves.

As you can see in the main picture that we have a 5 Wave down movement which has all the ideal fibonacci ratios.