Elliott's Wave Theory

Expert opinion. It is better to use long time intervals for the wave theory. Since the process of charting Elliott wave is sufficiently time-consuming and at the same time trading small targets is not quite reasonable.

Expert opinion. There are a lot of tools for charting Elliott waves in the terminal, but the minimum set includes Fibonacci levels.

Expert opinion. Often combinations of the wave theory and indicators are used to determine entry points. As well as using graphical analysis when generating various shapes in corrective waves.