Basic
-Course Highlights
Creating base for advance Elliott wave study and then topic covered.
Introduction
One of the most renowned theories in technical analysis is “Elliott Wave Theory”, which was developed by Ralph Nelson Elliot. This theory speaks about Waves (patterns). Elliot believed that the mass psychology depicts the same recurring patterns in the financial markets. He speaks about waves in 5-3 moves, wherein five waves move in an upward direction of the main trend, known as impulse and three waves move in the corrective phase. These 3 moves are also referred to as ABC.
This theory helps in gauging the upward trend and the correction that are likely to happen in the near future. As the trend shows upside and correction, the identification of trend through Elliott Wave Theory helps in protecting profit and exiting trades.
The theory establishes nine degree of waves from smallest to largest, described as Grand Supercycle, Supercycle, Cycle, Primary, Intermediate, Minor, Minute, Minuette, Sub-Minuette.
About the Trainer
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I have 9+ years of experience in the stock market working almost in all segments like Equity, Commodity and Currency. I have been tracking the Indian and global market for a long time and creating content alongside, I create educational videos on YouTube related to the market. I manage portfolios and believe in sharing knowledge to train people for the stock market.
What Will You Learn?
Objective to prepare candidates to understand and use ELLIOTT WAVE effectively.
Topics Covered
1. INTRODUCTION OF ELLIOTT WAVE THEORY
2. IMPULSE WAVE
3. DIAGONAL WAVE
4. ZIG ZAG
5. TRIANGLE
6. WXY PATTERN
7. ENTRY AND EXIT POINT OF ELLIOTT WAVE
8.PRACTICAL VIDEO
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