Waves can be combined into higher-level waves or divided into lower-level small waves.
The waves that follow the mainstream can be divided into five small waves at a lower level.
4 1, 3, 5, the third wave can't be the shortest wave.
If any one of the three push waves becomes an extended wave, the running time and amplitude of the other two waves will be the same.
The adjustment wave usually runs in the form of three waves.
The singular combination of golden ratio theory is the data base of wave theory.
The common vomiting rates were 0.382, 0.5 and 0.6 18.
The bottom of the fourth wave cannot be lower than the top of the first wave.
Eliot band theory of 10 includes three parts: type, ratio and time, and their importance is in order.
Eliot's band theory 1 1 mainly reflects the psychology of the public. The more people participate in the market, the higher its accuracy. These are the basic points,
Usually, the correction wave will reach a lower level of 4 waves near the low point. Strong market, only innovation is high, no innovation is low. At this time, the small four-wave low will be a good resistance level and can be used to follow up the stop loss.
If there is a simple adjustment of the second wave, the fourth wave is mostly complicated. If the second wave adjustment time is short, it can basically be judged that the fourth wave adjustment time will not be short. If the second wave comes from a regular shape, it should be noted that the fourth wave can come from an irregular shape.
This is summarized by predecessors, and it is always different from what we have encountered. It can't be completely coincident, and it won't always be accurate. It is dialectical. You can read the book on wave theory.