Cycle Indicators
Cycle indicators are analytical tools used to identify and measure repeating patterns or cycles within price movements, aiding traders in forecasting potential market reversals and trend continuations. Here are some of the most commonly used cycle indicators in trading:
🔄
Cycle indicators act like a market compass, helping traders navigate the ebb and flow of price action through recurring patterns and timeframes.
- Elliott Wave Theory: A principle that categorizes market movements into structured wave patterns to predict market direction.
- Gann Fan: A geometric tool that uses angles to identify potential support and resistance levels based on price and time relationships.
- Gann Box: A time and price analysis tool that forecasts potential turning points by plotting key intervals and ratios.