Elliott Wave — Wave Analysis — Education — TradingView (2024)

Most of you have probably heard about Elliott waves and we are sure that you don’t use it in cryptocurrency trading strategy because it’s very complicated and subjective approach. Crypto trading for beginners is very challenging and stressful even without Elliott waves. To be honest when we first time tried to implement it to my crypto trading strategies it was a...

Greetings, fellow traders. In this article, we'll be reassessing our annual Elliott Wave counts and going deeper into interpreting Bitcoin's current decade cycle. I'll make sure to segment each part by drawing insights from the previous cycles, also employing the Elliott Wave Theory, and integrating major timeline events to bolster my perspective on Bitcoin's...

Learn how powerful Fibonacci Retracements and Fibonacci Price Theory are when adequately deployed.It can tell where and when to target entries, trends, risks, and reversals.Anyone can do this when they learn to efficiently manage the ranges and use Fibonacci tools in Trading View.It's time you took a few minutes to learn the PRICE is the ultimate indicator....

Harmonic ABCD pattern is a classic reversal pattern. In this article, I will teach you how to recognize that pattern and trade it properly.This pattern is composed of 3 main elements (based on wicks of the candles):1️⃣ AB leg 2️⃣ BC leg3️⃣ CD legThe pattern is considered to be bullish if AB leg is bearish.The pattern is considered to be bearish if...

I published 3 indicators for trading using Bill Williams' Profitunity strategy. For each indicator, I have added a visual and detailed description in English and Russian. In this post I will briefly describe these indicators and how I use them together. AFDSA indicator (Alligator + Fractals + Divergent & Squat Bars + Signal Alerts) Includes Williams...

I started to assemble own ibrary of ElliottWave patterns and rules. Here simple zigzags occured in: wave W and wave Y of WXY double zigzag Zigzag 1 - wave WWave A - leading diagonal Wave B - double zigzag Wave C - ending expanding diagonal ending at the top line of the parrallel channel Zigzag 2 - wave YWave A - impulse Wave B - double zigzag Wave C -...

Figure 1.1 has two extreme trends and one extreme trading range. This day began with a strong bear trend down to bar 1, then entered an unusually tight trading range until it broke out to the upside by one tick at bar 2, and then reversed to a downside breakout into an exceptionally strong trend down to bar 3. Two-legged moves are common, but unfortunately the...

Some old and new rules when it comes to diagonals.Further notice can be added that diagonals actionary waves can be composed either by zig zags or impulsesso Waves1/3/5 can be Impulseor1/3/5 zig zagsWe cant have hybrids where we mix zig zags and impulses.Actionary waves in ending diagonals can only be formed by zig zags and never Impulses.Every...

Overview: Since the significant bottom in June 2020, Natural Gas embarked on a compelling journey, forming a fresh impulse that concluded around the highs of August 2022 as Wave I in the Cycle Degree. The subsequent phase witnessed a corrective move, labeled as Wave II on the weekly timeframe, comprising three subdivisions: ((A)), ((B)), and ((C)). The current...

Leading Diagonal : Elliott wave Analyisis This pattern subdivides into 5 waves.Wave 2 never ends beyond the starting point of wave 1.Wave 3 always breaks the ending point of wave 1.Wave 4 usually breaks beyond the ending point of wave 1.Wave 5 in the absolute majority of cases breaks the ending point of wave 3.Wave 3 can't be the shortest.Wave 2 can't be a...

a-Usually happens in wave B or wave 4b-Wave D in triangle itselfc-If in second then 2 will be zigzag and this will happen in B of zigzagd- X wave of Double Three correction and XX wave of Tripple Threee- XX wave of Double Zigzag correction f-Wave D in triangle itselfSubdivided into three (3-3-3-3-3)Subdivision of ABCDE can be either ABC, wxy, or flat

Welcome to the world of technical analysis, where chart patterns play a pivotal role in shaping trading strategies. This is an ultimate guide designed to help users objectively identify the existence of patterns, define the characteristics and classify them. In this discussion, we will mainly concentrate on the patterns formed by trend line pairs. This includes...

Basics of Elliott Wave Principles explained in the simplest possible way.

Hello, here is a cheat sheet for Elliott Waves for top 10 Rules, so you can print this out and keep on your desk.The Elliott wave principle is a form of technical analysis that finance traders use to analyze financial market cycles and forecast market trends by identifying extremes in investor psychology, highs and lows in prices, and other collective factors....

This is an example of how you can use Elliot Waves to enter a trade.The bigger wave is wave (1) which consists of 5 waves. Now, for wave (2), a WXY pattern happened in a parallel channel. It can also be called a double three pattern.Wave (2) reached 50% of wave (1). 50% - 60% is typically where corrections end. After that, we can see a sharp rise up. This is...

This is the US Inflation Rate (YoY) from 1914 until 2022.Symbol is called USIRYY and it measures the Inflation Volatility in the United States.With the War going on in Ukraine, and Russia trying to force its way through, I took the liberty of looking into the following:- How Global Wars Affect Inflation- How US Inflation Reacts to External Wars- How Wars...

In the dynamic world of financial markets, successful trading demands more than just a basic understanding of price movements. Chart patterns are the secret weapon wielded by seasoned traders to decipher market psychology and forecast future price directions. From the simplicity of triangles to the complexity of head and shoulders formations, these patterns offer...

If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!Elliottwave and Elliotwave 3/C Entry Model.This is the minimum you should consider doing when laying out,"on paper", your favorite/profitable trade...