What is wave theory? Wave theory is a theory put forward by RalphNelsonElliott, an American technical analyst, to analyze the market price trend. He believes that the price trend of the market is composed of a series of waves, which show specific patterns and laws in the chart. Through the analysis of these waves, we can predict the future market trend.
Overview of Three Waves in Wave Theory There are many different waveforms in Wave Theory, and each waveform has a specific meaning and predictive significance. Among them, the "three-wave buying point" of wave theory refers to the specific form that appears in the form analysis, which indicates that the price will rise.
Wave Theory Three Waves and Three Waves Buying Point Wave Theory Three Waves Buying Point is generally composed of three waves: A wave, B wave and C wave. Wave A is a falling wave, wave B is a rising wave, and wave C is a rising wave higher than wave A..
There are many ways to judge the three-wave buying point in wave theory, one of which is through the price-time ratio. According to wave theory, the length of C wave is usually 1.6 18 times that of A wave, and the time of C wave is usually 0.6 18 times that of A wave. By observing the price-time ratio, we can judge whether there is a three-wave buying point of wave theory.
The application of wave theory Three-wave buying points can be used for the analysis and trading of many financial markets such as stocks, foreign exchange and futures. By observing and judging the emergence of "three waves buying point", investors can choose to buy and participate in the rising market to obtain income.
Wave theory "three waves buying point" is an important concept in wave theory. By observing the price-time ratio, we can judge the possibility of market rise. Investors can use this concept to make market analysis and trading decisions in order to obtain better return on investment.