1, a complete cycle includes eight waves, five ups and three downs.
2. Waves can be combined into higher-level waves or divided into lower-level small waves.
3. The waves following the mainstream can be divided into five small waves at a lower level.
4. 1, 3,5, the third wave can't be the shortest wave.
5. If any one of the three push waves becomes an extended wave, the running time and amplitude of the other two waves will be the same.
6. The adjustment wave usually runs in the form of three waves.
7. The golden ratio theory. Singular combination is the data base of wave theory. The common vomiting rates were 0.382, 0.5 and 0.6 18.
8. The bottom of the fourth wave cannot be lower than the top of the first wave.
9. Eliot's band theory includes three parts: form, ratio and time, and its importance is ranking in turn.
10, Eliot's band theory mainly reflects the public psychology. The more people participate in the market, the higher its accuracy.
Key points of wave theory learning:
1, wave theory is a way of thinking (or a philosophical reasoning process), not a mindset. The preconceived and solidified thinking defines the wave, which is harmful to operators;
2. Any series of high and low wave patterns is an important reference to judge the evolution of wave patterns in the market outlook. When the conditions are met, the previous wrong mode division must be corrected in time;
3. Hard promotion of five waves and modification of the definition of three waves will make learners enter the misunderstanding of wave type division. Strictly speaking, there is only one possibility for the wave pattern of each band, that is, pushing or correcting;
4. In the large-scale driving wave, the secondary driving wave must be connected with the correction wave, and vice versa.
5. If one push wave is connected with another push wave in the opposite direction, it should be realized that the turning point of the previous push wave is a large-scale turning point;
6. Wave theory has a strong sense of direction, and its ability to predict amplitude in advance is beyond the reach of other theories, but inaccurate measurement of time period is its weakness. Of the three elements of price fluctuation (quantity, price and time), time should be ranked first, and time determines everything. From the technical analysis, there is no difference between good and bad arbitrage varieties. The key is when you can buy it.
Seeing this, everyone should know the basic viewpoint of wave theory. Want to know more about investment knowledge, please pay attention to us!