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Elliott was in fact describing the fractal nature of financial markets 50 years ... of the most destructive and thereby profitable wave formations, be they a third wave or a C wave.
First things first: who invented this technique? It wasn’t the main character of Mr. Robot but Ralph Nelson Elliott, an American accountant who worked in Central America in the 1920s. While he ...
Elliott Wave International specializes in applying a fractal model to market forecasting. EWI’s analysts track market psychology, herding behavior, Elliott waves and social mood. They consider ...
Today, let’s study one of the famous theories in technical analysis: Elliott Wave ... followed by three wave patterns against the main trend. These waves are fractal, meaning they occur in ...