Elliott Waves

Every trader understands that changes in the rate of financial assets can bring good profits as well as serious losses. That is why the ability to predict the future movements of the market, which allows for making the right trading decisions, is so valued. Technical analysis instruments, which help to identify the patterns on charts, assist in this. One of the most effective methods is the Elliott Waves based on the study of crowd psychology, the essence of which we will consider in this article.