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Terminology

Some clarifications
To better understand EMphase Finance articles, please take a look at the technical terminology below. We are using an Elliott Wave terminology that differs slightly from the regular terminology but it is all in the goal to make everything clearer for the readers. We will try to stick with this terminology as much as possible.

Waves
  • Supercycle:
  • (I), (II), (III), (IV), (V), (A), (B), (C). - Verdana Size 12 Black.
  • Cycle:
  • I, II, III, IV, V, A, B, C. – Verdana Size 12 Black.
  • Primary:
  • [1], [2], [3], [4], [5], [A], [B], [C]. – Verdana Size 8 Black.
  • Secondary:
  • (1), (2), (3), (4), (5), (A), (B), (C). – Verdana Size 8 Black.
  • Minor:
  • 1, 2, 3, 4, 5, A, B, C. – Verdana Size 8 Black. 
  • Minute:
  • i, ii, iii, iv, v, a, b, c. – Verdana Size 8 Black.
  • Minuette:
  • i, ii, iii, iv, v, a, b, c. – Verdana Size 8 Red.

    Blue
  • Resistance channels.
  • Support channels.

    Purple
  • Normal leading diagonals.
  • Normal ending diagonals.
  • Expanding leading diagonals.
  • Expanding ending diagonals.

    Green
  • Symmetrical triangles.
  • Running triangles.
  • Ascending triangles.
  • Descending triangles.
  • Expanding triangles.

    Orange
  • Traditionnal resistances.
  • Traditionnal supports.
  • Secondary resistance channels.
  • Secondary support channels.

    Fushia
  • Identifier of something significant either on the chart or on an indicator.

    Example
    The example below is illustrating practically all the terminology we just described. It is in every way the perfect classical example of the Elliott Wave Theory. Charts like this one are unusual but that is what we are looking for: crystal clear charts!

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