Current location - Loan Platform Complete Network - Foreign exchange account opening - What are the three elements of wave theory in foreign exchange?
What are the three elements of wave theory in foreign exchange?
In short, the three elements of wave theory refer to form, amplitude and period.

Form: The basic form is 5 waves rising, of which 2 and 4 waves are adjustment waves, 3 waves falling, and B waves are adjustment waves.

Amplitude: Mainly refers to the percentage of Fibonacci callback. Usually, the callback amplitude of the latter wave is 23.6%, 38.2%, 50%, 6 1.8% and 100% of the amplitude of the previous wave.

Period: Fibonacci series, 1, 1, 2, 3, 5, 8, 13, 2 1, 34, 55, 89, 144. These dates are also called "time windows", and usually new trends always appear on these dates.

The importance of three elements: form > amplitude > period.

Wave theory is very complicated. I suggest you go to the relevant learning section of IKON forum to learn more.