The personality of Elliott Waves:
The Personality of Elliott Waves
Wave “personality” is the reflection of mass psychology acting in the market - the emotions that flow from optimism to pessimism, creating the market structures we frequently observe. The personality of each wave type is the same whether it is a higher-degree wave or a lesser one. This section will expand on the characteristics of some of the waves. Please keep in mind the eight-wave cycle when going over this section.