Sitemap for This Website Contact 1technicalanalysis.com
 
 

     Technical Analysis - Online Fibonacci and Elliott Wave Principle Lessons

 
 

Online Fibonacci and Elliott Wave Principle Lessons

R. N. Elliott was the founder and Elliot Wave Principle and published in a series of articles in 1939.

According to Elliot Wave theory, stock price movement in wave, a single complete cycle consist of eight waves, the upper part of the cycle consists of five waves. Waves 1, 3, and 5 are define as impulse waves. Corrective Waves are waves 2 and 4 because they correct waves 1 and 3.

The concept of natural law found by mathematician Fibonacci in thirteenth-century was named Fibonacci sequence.  The following topics provide the basic understanding of Elliot Wave Principle, Fibonacci Sequence Number and the connection between Elliot Wave Principle and Fibonacci Sequence Number.

Search Site


 
  Copyright © www.1technicalanalysis.com. All Rights Reserved
All trademarks are the property of their respective owners
Term of Use | Privacy Policy | Contact Us