Understanding Elliott Wave Structure

Elliott Wave Theory is a widely debated tool in technical analysis, offering insight into market psychology through structured wave patterns. In this video, we explore its core principles, rules, and common pitfalls to help traders use it effectively.



- Understand what Elliott Waves represent and their significance in market movements.

- Learn the 5-wave impulse structure and the 3-wave correction structure.

- Discover the core rules that define valid wave counts and when they can be invalidated.

- Identify common mistakes traders make when applying Elliott Wave Theory.

- Explore how to realistically implement Elliott Wave analysis in trading.

- Recognize the importance of combining Elliott Wave with other tools like Fibonacci retracement and volume confirmation.

- Understand the limitations of Elliott Wave in choppy market conditions.



Elliott Wave Theory, trading psychology, technical analysis, market structure, wave counting, trading strategies, Fibonacci retracement, market trends

Not financial advice.