In this educational video, we will talk about the Elliottwave zigzag structure. Zigzag is a corrective 3 wave move labelled as an ABC. Zigzag is a 5-3-5 Elliott wave structure but zigzag can also be the internal structure of a double three WXY or an internal structure of a triple three WXYZ. What are some of the […]

In this video we will explain how we can identify 5 waves impulsive move, which is the most popular structure and everyone with some knowledge of Elliott Wave are familiar with. However, this 5 waves move do not happen that often in today’s market, compared to the market in the past. So what are some of […]

  This is a non-technical blog that contains some facts and precious truths. These 5 tips could forever change your trading perspective in a better way. Let’s take a look at them: 1. Think about the risks. Before entering the trade, you should be aware that any trade could end up being negative one, regardless of […]

Triangle is an Elliott wave pattern seen during sideways market consolidations, it is composed of 5 corrective sequences. Triangle presents a balance of forces between buyers and sellers, causing a sideways movement that is usually associated with decreasing volume and volatility. This pattern subdivide into 3-3-3-3-3 structures labeled as A,B,C,D,E. It is a continuation pattern […]

Preferred Elliott Wave view suggests rally to 19770 completed wave (W) and wave (X) pull back is also proposed to be over at 18980 with a test of equal legs (100% Fibonacci extension). Move up from here is taking the form of a double three or (w)-(x)-(y) structure when wave (w) ended at 19590, wave (x) ended […]

In this video we take a look at FTSE decline from the recent peak which visually looks to be a 5 wave move. We dissect the price action and show the viewers why we don’t see the decline as a 5 wave move and rather as a triple three (w)-(x)-(y)-(z) structure. Learn more how to […]