In technical analysis, the Elliott Wave theory is the analysis of long-term trends in price patterns and how they correspond with investor psychology. These price …

There are two kinds of waves in price movement in Elliott Wave Theory: "trend" waves or "impulse" waves, and "consolidation" waves or "corrective" waves.

Corrective …

Williams' %R is an indicator which is similar to the Stochastic Oscillator. The formula used to calculate it is :?It is also common to …

Williams %R, also known as the Williams Percent Range, is a type of momentum indicator that moves between 0 and -100 and measures overbought and …

Developed by Larry Williams, Williams %R is a momentum indicator that is the inverse of the Fast Stochastic Oscillator. Readings from 0 to -20 are …

Using Elliott Wave Theory, some technical analysts try to profit from stock market wave patterns. Stock price movements are predicted by this hypothesis because they …