Elliote Wave Theory

This book is a practical guide that summarizes the Elliott Wave theory which traders need in real-time live trading. This book teaches traders how to forecast market moves using the Elliott Wave Theory. By learning how to recognize patterns of 5 and 3 wave cycles on charts you can identify high-probability entry and exit points for trades. The core concepts covered include motive waves corrective waves Fibonacci ratios wave degrees wave personality and rules for valid wave structures. You''ll learn how to spot impulses extensions diagonals flats zigzags and triangles across various timeframes. Real chart examples illustrate wave patterns across stock indices forex pairs commodities and cryptocurrencies. You''ll discover advanced strategies for determining price targets setting stops and managing risk. The book explores adaptations of Elliott Wave analysis for today''s electronic markets while retaining the classic principles.