Elliott Wave Principle Now and Then The Elliott Wave Principle is a form of technical analysis that is used by some traders to analyze cycles in financial markets and based on that forecast the future path by identifying extremes in investor psychology, highs and lows in prices, and other collective factors. Ralph Nelson Elliott (1871–1948), a professional accountant, discovered […]

There are three types of 3-3-5 flat corrections have been identified by differences in their overall shape and points where each will reach. Flats will occur in either a bullish or bearish trend and may be seen at any point during a wave cycle as well as in any degree of Elliott Wave trend. The […]

In either a bullish or bearish market,  whether the Elliott Wave trend is up, down, or the cycle and degree of the wave is either bullish or bearish, wave five targets can be obtained these following three ways in any degree of trend. This list is not definitive in any particular order of preference because […]

The point of this article is to help a trader get in position to profit from the expected market move thus the following is related to what to look for and how to trade it without fear or emotion. The first thing that is needed to be known is which direction higher or lower the […]

One of the common challenges to practicioners of Elliott Wave principle is that the technique is subjective. There’s a saying that if you put 10 different Ellioticians together in the same room, they will all come up with a different Elliott Wave count. During our 20 years of experience with Elliott Wave Theory, we find […]

Triangles are overlapping five wave affairs that subdivide 3-3-3-3-3. They appear to reflect a balance of forces, causing a sideways movement that is usually associated with decreasing volume and volatility. Triangles fall into four main categories i.e. ascending, descending, contracting, expanding. It is quite common, particularly in contracting triangles, for wave b to exceed the start […]