What are the calculation methods of 4 waves, 5 waves, A waves, B waves and C waves in Eliot's wave theory?

1, 4 waves retreat to 0.382 of 3 waves.

2. The 5th Wave is more complicated. When the third wave extends 1, the The 5th Wave length is equal.

3. Wave A will retreat above 0.382 of Wave 3.

4. Wave B generally bounces back to 0.6 18 of that of A. ..

5.C wave is generally 1.6 18 with the same length as A wave or the amplitude of A wave.

According to this discovery, IiR. N.Elliott, an American securities analyst, put forward a set of relevant market analysis theories, and extracted13 patternrns (patternrn) or Waves, which appeared repeatedly in the market, but the time interval and amplitude of their appearance were not necessarily reproducible. Then he found that these structural patterns can be connected to form larger patterns of the same type. In this way, a series of authoritative deduction rules are put forward to explain the behavior of the market, with special emphasis on the predictive value of the wave principle, which is the prestigious Eliot wave theory. Eliot's wave theory is a stock technical analysis theory. It is believed that the market trend keeps repeating a pattern, and each cycle consists of five rising waves and three falling waves. Eliot's wave theory divides trends of different scales into nine categories. The longest megacycle is a megacycle spanning 200 years, while submicroscopic waves only cover the trend in a few hours. However, regardless of the scale of the trend, each cycle is composed of eight waves.

The premise of this theory is that the stock price fluctuates in the order of five waves when it moves with the main trend, and in the order of three waves when it moves against the main trend. The long wave can last more than 100 years, and the duration of the secondary wave is quite short.