Elliott-Wellen leicht verständlich

Financial markets are not chaotic; rather, they move in specific cycles that reflect human actions driven by emotions and mass psychology. Partially, Elliott based his work on Dow theory, which also defines price movements as waves. However, Elliott discovered the fractal nature of these price movements. For this reason, Elliott was able to analyze the markets more deeply and create detailed price forecasts by identifying the specific characteristics of wave patterns based on the patterns he discovered. André Tiedje introduces this somewhat complex subject step by step and in an easily understandable manner, showing the reader an alternative analysis method for financial markets.