ElliotLa Wave Theory Elliott Wave was developed by Ralph Nelson Elliot in the 30 century 20 and published in his book “The Wave Principle” in 1938. The theory of Elliot Wave is a detailed description of how financial markets move in cycles that repeat over time result in behavior and human psychology (traders and investors) that can be recognized in patterns of waves formed by the movement price. Each Elliot wave analysis must be seen within the overall market cycle …
