What is wave analysis and how to use it?
What is wave analysis and how to use it? TradingView is a platform where you can analyze and understand charts and interact with other traders and their investment ideas. TradingView offers you the largest library of ideas and strategies, with over 100,000 strategies written by other traders and members of the community.the members share their ideas and scripts, on the TradingView market. (Read more) Demat Account Opening Every market has existing crowd psychology and based on this crowd psychology is a notion that markets follow specific patterns called Waves, which are the result of a natural rhythm of crowd psychology. There are 5 types of waves, namely Elliott wave, Neo wave, Sinewave, Wolfe wave, and Kondratieff Wave Elliott Wave Impulsive phases establish the trend while corrective phases retrace the trend. According to Eliott Wave, prices alternate between these two phases, with impulsive phases having five lower degree waves and corrective phases having three lowe