
Identify the three core Elliott wave rules: wave two cannot retrace more than wave one; wave three is often the longest; wave four does not retrace into wave one.
Explore corrective patterns in Elliott wave theory, including zigzags, flats (regular, expanded, running), and triangles, with internal three-wave and five-wave structures and double/triple combo setups.
Utilize Fibonacci retracement and extension to trade with Elliott Wave, identifying impulse moves and corrections, and pinpoint entry zones from key retracement levels (50%, 61.8%, 78.6%) to ride wave three.
Follow a bitcoin long trade as a bearish engulfing candle signals a pullback and a chance to add to the position. Profits approach sixty thousand dollars in a single trade.
Hello,
The instructor is a full-time trader with experience in the cryptocurrency markets since 2017 and has spent years refining practical, rule-based trading approaches.
This course focuses on the Elliott Wave Theory, originally developed by Ralph Nelson Elliott in the 1930s. After being forced into retirement due to illness, Elliott studied decades of financial market data, including yearly, monthly, weekly, daily, and intraday charts across multiple indexes to understand recurring market structures.
The theory gained wider attention in 1935 after Elliott successfully predicted a major stock market bottom. Since then, it has been widely used by traders, portfolio managers, and analysts around the world as a framework for understanding market cycles and price behavior.
Elliott described specific rules for identifying wave structures and using them to interpret potential market movements. These concepts are documented in his collected works, later published in “R.N. Elliott’s Masterworks” in 1994. Elliott Wave International is one of the most well-known firms applying this analytical approach to financial markets.
It is important to understand that Elliott Wave analysis does not guarantee future price movements. Instead, it helps traders structure probabilities and interpret potential scenarios in the market. Because of this, it is often combined with other forms of technical analysis and indicators to improve decision-making.
Different traders may interpret wave structures differently depending on their experience and market perspective.
This class is designed for anyone — from complete beginners to advanced traders — who want to build a structured understanding of market behavior using Elliott Wave principles.
A basic understanding of technical analysis is recommended before joining.