Practical Elliott Wave Trading Strategies Part 1
Maximize your Profit by copy our Trade This tutorial begins a series of how to apply Elliott wave analysis for practical trading strategies. All subscribers have some Elliott wave background…
Fibonacci ratios
Maximize your Profit by copy our Trade The Fibonacci series are a mathematical sequence in which any number is the sum of the two precedingnumbers. The sequence goes as follows:…
Channeling
Maximize your Profit by copy our Trade Channeling is an important tool not only to determine which sub waves belong together, but also to projecttargets for the next wave up.Channels…
Ascending and descending Triangles
Description These are mentioned under the Triangles description in the Classic patterns section. Basically these patterns are the same as common contracting triangles, except for the fact that ascending and…
Running Flat (modern) Pattern
Description This pattern is exactly the same as a Running Flat, except for the fact that it must retrace more than 60%, if not we consider it to be a…
Running zigzag Pattern
Description Apart from contracting Triangles, a failure in a corrective pattern happens when the C wave is shorter than wave A and fails to go beyond the end of A.…
Impluse 2 Pattern
Description An Impulse 2 is an uncommon pattern that resembles a normal impulse considerably. In our daily analysis we allow for a maximum retracement of 51.5% for wave 4 in…
Running Flat Pattern
Description The Running correction is a rare special form of a failure. This pattern is a kind of Flat, with an elongated B wave and a very small C wave.…
WXY or Combination Pattern
Many kinds of combinations are possible. Below a rather complex example has been depicted. Description A Combination combines several types of corrections. These corrections are labeled as WXY and WXYXZ…
Impulse Patterns
Description Impulses are always composed of five waves, labeled 1,2,3,4,5. Waves 1, 3, and 5 are themselves each impulsive pattern and are approximately equal in length. Waves 2 and 4…