Elliot Wave Principle Key to the Market Behaviour



Elliot Wave Principle is a detailed description of how groups of people behave. It reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific and measurable patterns.One of the easiest places to see the Principle of Elliot Wave at work is in the financial markets, where changing investor psychology is recorded in the form of price movements. If we can identify repeating patterns in prices, and figure out where we are in those repeating patterns today, we can predict where we are going in the future. By using the Elliott Wave theory, you can identify the highest probable moves with the least risk.