Does eliot wave theory work? 🤔

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I personally feel this is a very strange human behavior.

I don’t think it’s real, as no one can predict what’s going to happen.

But because a lot of day traders use such tools, they are all making decisions based on similar analysis, so the end up kinda working. It’s like a hive mentality at this point.

So like a selffulfilling prophecy?

Exactly! 🤙

Yes. That’s a better term than what I used.

No

Yes it does 🚀

🤔 this scenario would be bearish 😬

💯 I’m talking about the Eliot wave it really works

But this scenario is going bearing

Even the pin bar

What do you predict with this method? I am curious. Read a lot about it lately and try to execuze it now

Weak move to the upside