The characteristics of the three waves abc in the five-wave theory are as follows:

1. Among the three-stage adjustment waves a, b, and c, wave c often appears in the form of five pushes.

2. Zigzag consolidation and platform consolidation often occur alternately in wave B and wave 4 of the adjustment wave, but they do not absolutely alternate.

3. If wave a of the zigzag adjustment wave extends, the amplitude of wave c may be 0.618 times that of wave a. If wave a does not extend,

and wave c may If a certain sub-wave extends, then wave c is 1.618 times that of wave a.

Note: The characteristic of the zigzag correction wave is that the wave and the c wave are equal in length. Therefore, in the stock market, BC generally refers to the adjustment market, 12345 refers to the rising market, and wave C is the end point of the adjustment wave. In the wave theory, the number of impulsive waves is 5 (1, 2, 3, 4, 5), and the number of corrective waves is 3, totaling 8.

The concept of five-wave theory

1. The five-wave theory is the content of the often-called wave theory. The specific expression is five waves of rising and three waves of falling. It is the core content of the wave theory. 1 , 3 and 5 are upward impulse waves, 2 and 4 are correction waves; A and C are downward impulse waves, and B is a correction wave.

2. The wave theory can be divided into three parts: the first is the shape of the wave; the second is the ratio between waves; the third is time, and the importance of the three is arranged in order. For the order. In addition to describing the shape of waves, wave theory also describes the proportions and time relationships between these waves.