Chapter 20. Elliott, Fibonacci, and Gann
Chapter Objectives
By the end of this chapter, you should be familiar with
• The basic tenets of and vocabulary used with the Elliott Wave Theory
• The rules and guidelines of the Elliott Wave Theory
• The construction of the Fibonacci sequence
• The derivation and characteristics of the golden ratio
• The reasons why Elliott Wave Theory can be difficult for the average analyst to apply
Perhaps there is a natural structure in markets. Structure is seen in many phenomena in nature. Although markets appear to be completely man-made, perhaps their existence, flowing from human emotion and reason, is a product of evolution and follows a natural order. After all, nature includes humans among its species, ...
Get Technical Analysis: The Complete Resource for Financial Market Technicians, Third Edition now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
