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Advanced Technical Analysis — Elliott Wave Theory
Ralph Nelson Elliott discovered that markets move in repeating wave patterns driven by collective investor psychology. This module covers the foundational framework: the five-wave impulse pattern (three motive waves, two corrective waves) and the three-wave ABC correction. You will learn the non-negotiable wave rules (Wave 2 never retraces past Wave 1's start, Wave 3 is rarely the shortest), the fractal nature of waves, and how Elliott Wave anticipates turning points in major indices.
⏱ 15 minModule X1.8
// What you'll learn
- Ralph Nelson Elliott discovered that markets move in repeating wave patterns driven by collective investor psychology.
- This module covers the foundational framework: the five-wave impulse pattern (three motive waves, two corrective waves) and the three-wave ABC correction.
- You will learn the non-negotiable wave rules (Wave 2 never retraces past Wave 1's start, Wave 3 is rarely the shortest), the fractal nature of waves, and how Elliott Wave anticipates turning points in major indices.
// Full access
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