Md Mizanur Rahman
Member
FYI, Elliot wave theory is another form of technical analysis, some traders use to analyze market cycles and forecast market trends by identifying extremes in investor psychology, highs and lows in prices, and other collective factors. A professional accountant Ralph Nelson Elliott discovered the underlying social principles and developed the analytical tools in the 1930s. He proposed that market prices unfold in specific patterns, which practitioners today call Elliott waves, or simply waves.