Wave Theory is actually a reflection of human emotions in cycles. Each wave represents a shift in crowd psychology. Wave 1 – Hope Wave 2 – Fear & Doubt Wave 3 – Confidence & Greed (Strongest wave) Wave 4 – Anxiety & Profit Booking Wave 5 – Euphoria
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Wave Theory is actually a reflection of human emotions in cycles. Each wave represents a shift in crowd psychology.
Wave 1 – Hope
Wave 2 – Fear & Doubt
Wave 3 – Confidence & Greed (Strongest wave)
Wave 4 – Anxiety & Profit Booking
Wave 5 – Euphoria