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Krongkaew / Getty Images Stock market movements that seemed random to most analysts revealed a hidden order to Ralph Nelson Elliott. In the 1930s, during the depths of the Great Depression ...
The Elliott Wave Theory in technical analysis describes price movements in the financial market. Developed by Ralph Nelson Elliott, it observes recurring fractal wave patterns identified in stock ...
First things first: who invented this technique? It wasn’t the main character of Mr. Robot but Ralph Nelson Elliott, an American accountant who worked in Central America in the 1920s.
Back in 1934, Ralph Nelson Elliott discovered that price action displayed on charts, instead of behaving in a somewhat chaotic manner, had actually an intrinsic narrative attached. Elliott saw the ...
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