
Learn an advanced harmonic Elliott Wave trading system that emphasizes risk management, controlled losses, and higher reward-risk with macro and micro setups, including pullbacks, breakouts, and wave five patterns.
Explore how ABC up and ABC down fractals form harmonic Elliott wave patterns, with action, reaction, and resolution revealing higher highs and higher lows that bias the trend up.
Explore the ABC down and ABC up fractals, identifying the starting point, completion points, and counterattack structures that reveal a bearish directional bias and potential continuation lower.
Explore how the abc up and abc down patterns form the starting point of the five wave up fractal, creating a bullish directional bias and enabling early continuation signals.
Analyze the A-B-C down fractal as the starting point of a five-wave down pattern, showing local lows, lower highs, and a bearish bias toward new lows via subsequent ABC moves.
Apply harmonic Elliott waves and setup 1.1: a-b-c up followed by a-b-c down, using extended moves and critical support to target reliable bottoms.
Master setup 1.2: an a-b-c up followed by an a-b-c down, where a b up makes a new high, using the expanded flip loop fractal to confirm the move.
Identify setup 2.2 as the second basic measure for trading measure bottoms, with a down move toward exhaustion and a micro impulsive up followed by ABC down in a fractal.
Explore case studies of micro setups in harmonic Elliott waves, timing entries near bottoms, managing risk with key supports, and confirming impulsive moves up after abc corrections.
Explore setup 3. wave a up off the bottom followed by a triangle a-b-c-d-e pullback, signaling a reversal and the emergence of critical support.
Study real-life ETF case studies of symmetric triangle Elliott wave setups, tracing A–B–C–D–E sequences, higher prior lows, and breakouts, with buy stops at B and protective stops at the lows.
Craft a checklist to identify major lows and abc down patterns across timeframes, critique conventional breakout entries with buy/sell stops, and hint at a more efficient entry method.
Learn harmonic Elliott wave micro setups, entering at 76.4% retracements with a protective stop, and targeting 123.6%, 223.6%, and 423.6% of risk for favorable risk-reward.
Revisit the XBI 2006 case study to demonstrate a micro setup entry at a 76.4% retracement, then calculate risk, targets, and break-even stop with a 50% scale-out at target two.
Explore a micro setup with abc waves and retracements to enter, protect risk with a stop, and target 123.6%, 223.6%, and 423.6%, selling partial positions at each level.
Explore micro Elliott wave setups through case study 3 on XBI 2006, demonstrating early entries, protective stops, breakeven shifts, and multi-target profit management.
Learn a simple rule-based method linking profit targets and a protective stop to form a profitable trading system, illustrated by 76.4% retracement entries and staged targets.
Integrate macro setups with micro trading setups by following unfolding five-wave fractals to trade with the trend. Manage risk through small trades and ensure gains exceed losses for sustainable profitability.
Apply five-wave fractal principles to macro structures, using ABC corrections and wave patterns to confirm uptrends, set targets, and manage risk in harmonic Elliott wave trading.
Identify five-wave down patterns and abc corrections to confirm a down trend, calculate risk as the distance to the fractal start, and project three downside targets.
Explore macro setups and supplementary micro setups within a five‑wave up fractal, applying abc up and abc down patterns, fractal analysis, and fixed ratios to project retracements and targets.
Setups like abc up followed by abc down may look efficient but rely on identifying a completed corrective pullback and a major law, risking fractal failures.
Identify three alternative market scenarios for Elliott wave counts, recognizing potential major lows, an expanded flat corrective structure, and impulsive waves while monitoring key resistance to confirm a bottom.
Analyze how an ABC up from a potential major low can form a complex corrective wave four, highlighting critical resistance, wave five, and subwave structures.
Trade by focusing on favorable setups in harmonic Elliott waves, anticipating five-wave rallies from key pullbacks, while preparing multiple scenarios and strict risk controls rather than chasing reversal points.
Explore the setup 1-2-i-ii within a standard five-up fractal of harmonic Elliott waves, comparing ABC up and ABC down to manage deep pullbacks and optimize risk-reward.
Apply setup 1-2-i-ii to a daily Intel chart, using harmonic Elliott waves to identify abc up and abc down patterns, manage micro risk, and target five-wave moves.
Use the Fibonacci extension tool to forecast where an impulsive up move may top by projecting from wave two's bottom after counting ABC up and down.
Analyze S&P 500 wave two down and wave one up formations, highlighting 138.2% extension as key resistance and running flats, with higher highs and higher lows signaling bullish trend.
Identify wave 3 as the strongest drive after wave 2, subdivided into A, B, C, with B as a countertrend pullback and a target of 176.4% extension of wave 1.
Explore the classic wave 3 model, using 176.4% and 214.4% extensions to target tops, and apply retracement ratios like 61.8% and 66.7% to B and C.
Explore the extended five-wave down fractal, applying abc corrections and 123.6% extensions to locate wave tops and bottoms using Z extensions within harmonic Elliott waves.
explain the super extended five fractal model and how to target wave three and wave five with 176.4 percent extensions and key retracements.
Identify wave a of three as the first leg of the five-wave fractal, highlighting abc up and abc down patterns and the limits of breakout trades.
Explore the internal structure of wave a of three, its five-wave subdivision, the onset of an accelerated phase, and key extensions and demand zones guiding impulsive Elliott Wave analysis.
Explore wave c of 3, the final subwave of the five-wave up fractal, its impulsive structure, and the minimum 176.4% extension target.
Explore the micro structure of wave c of 3 by counting microwaves inside ABC up and down within an expanded flat.
Identify the inverted head and shoulders setup as a launch pad for a new rally, where the left and right shoulders form strong support that signals a wave C advance.
Explore micro structure of wave c of 3 within a higher degree, showing a five-wave subdivision and micro counting 1-2-3-4-5, with a 100% extension.
Analyze the inner structure of wave C of 3 within a higher-degree Elliott wave, detailing five-wave substructures, 50% retracements, and 176.4–223.6% extensions that signal key resistance and rally continuation.
Analyze the sharp drop in wave 4 of (C) of (3) after a final push to a high in wave C, followed by the abc move up completing lower-degree 5.
Earlier in this Pro course I explained that in the vast majority of cases, a subwave C of wave 3 up tends to top at 123.6% - 138.2% ext of subwave A of wave 3 up. That was my own finding and nobody else uses that extension. In extremely strong rallies the subwave C of wave 3 up may extend to 176.4% - 223.6% extension of subwave A of wave 3.
I always use extensions of subwave A of wave 3 up when I try to pinpoint a potential top of the strongest part of a rally in subwave C of wave 3 up.
I just look for confluence of 123.6% and 138.2% ext of subwave A of wave 3 up with 176.4%, 200% or 223.6% ext of wave i up.
The first case study is a corrective rally in ES-mini in June - Aug 2022.
In that particular case we had a confluence of 138,2% ext of subwave a of wave iii up with 200% ext of a micro wave i up. This is wave subwave c of wave iii topped.
But quite often when I charted extensions of subwave A of wave 3 up, that tool by default drew 176.4% ext and 223.6% ext of subwave A of wave 3 up.
And I started to notice that wave 5 tends to top at one of those extensions!
In that case, subwave A of wave 5 up topped at 176.4% ext of subwave A of wave 3 and subwave C of wave 5 up topped at 223.6% ext of subwave A of wave 3 up.
That is yet another cool and powerful tool to add to our toolbox.
Now let's look at another similar fractal played out in 2008. We had an impulsive five wave decline in wave C down. Basically those two case studies stand apart fourteen years from each other but they confirm validity of that new rule!
You can see a five wave down move where:
- subwave -a- of wave -iii- down stopped right at 100% ext of wave -i- down,
- that was followed by a corrective a-b-c up bounce in subwave -b- up of wave -iii- down that retraced exactly 50% of the preceding decline in wave -i- down.
This is where we engage that newly discovered forecasting tool.
We measure the decline in subwave -a- of wave -iii- down and project that distance from the top of a corrective bounce in subwave -b- up.
And here we see very similar results to those described in connection to a similar fractal found on the ES 240 min chart from June - Aug 2022!!!
In particular,
On the way down, in the course of subwave -c- of wave -iii- down, ES found support and bounced off 123.6% ext , 138.2% ext and 176.4% ext of subwave -a- of wave -iii- down.
? And the cherry on the cake is that the 223.6% ext of subwave -a- of wave -iii- down nailed the very bottom of the whole five wave down structure!!!
If you guys feel that I went nuts please let me know!
I feel like that is a huge leap in developing the Harmonic Elliot Wave theory!
Explore what creates a textbook a-b-c correction within a five-up fractal, distinguishing impulsive five-wave moves from zigzag and flat structures, with practical tests and retracement cues.
Trade the elusive corrective subwave B up inside a corrective ABC down. Apply retracement ratios of 66.7%, 76.4%, and 85.4% and navigate double-three correction patterns to anticipate wave C down.
Explore how bottom of the sub wave in final five-up fractal forms strong support for the second leg of the ABC decline, with B of 3 stalling at the low.
Master the compressed impulsive structure within abc corrective patterns, where the final leg forms a five-wave impulse and wave 3 must extend to at least 176.4 percent.
Wave 4 introduces a deep, reliable pullback that creates a strong entry for the rally’s continuation after wave 3, explained as a five-wave fractal abc zigzag.
Examine how wave four of higher and lower degrees form distinct structures, including five-up fractals, gaps, and corrective patterns like double threes, zigzags, and triangles.
Identify the critical support for wave 4 at the low of wave B of 3. Apply risk multipliers like 1.236, 2.236, and 3.236 for the expected wave 5 rally.
Apply the two retracement ratios 41.4% and 44.1% to pin the bottom of wave 4 in harmonic Elliott waves, revealing reliable zigzag pullbacks across timeframes.
Learn how a lower degree wave 4 affects a higher degree, with 41.4% and 44.1% retracements, and how these moves retest prior lows.
Identify unfilled gap ups as strong support zones that help pinpoint wave 4 bottoms, using the upper edge of gaps, pullback lows, and confluence of wave C signals for entry.
Identify how the top of wave a of three creates a demand zone beneath a corrective wave, turning resistance into support and guiding ABC patterns and wave counts.
Apply wave 1 extensions to nail the bottom of wave 4, using 114.4, 123.6, and 176.4 percent projections to spot corrective wave bottoms.
Explore the internal structure of wave 4, showing a clean ABC pattern with an elongated C, and how extensions like 223.6% and key retracements shape the correction.
Apply standard projection to wave v to nail the completion of wave C of 4, using ABC patterns and key extensions like 223.6% and 76.4% for confluence.
Explore wave 4 scenarios in harmonic Elliott wave analysis, focusing on how wave c is shorter than wave a, with 76.4% extension criteria and micro-structure insights for precise bottoms.
Since early August 2020 when Gold topped at 2,089 we have been tracking a corrective wave ( 4 ) down structured as (A)-(B)-(C).
The Elliott Wave theory postulates that any subwave ( C ) in a corrective (A)-(B)-(C) structure should have an internal impulsive structure. By late September 2020 gold made enough micro waves on the way down to be counted as having completed wave ( C ) down of a corrective wave ( 4 ) down.
However, the majority of Elliott Wave analysts waited for one more push lower. Such a move down would make a perfect textbook completion of that large corrective pattern. The problem is that in 60%-70% of cases the market refuses to follow textbook patterns. And those purists, Elliott Wave analysts who are convinced that the market had to follow canonical rules got left behind again. Because both gold and gold miners turned up and took out critical resistance invalidating the bearish scenario.
The Harmonic Elliott wave theory has rules that let us detect invalidation of the bearish scenario and avoid fatal mistake of insisting on a scenario that has been clearly invalidated already.
The flat A-B-C correction is arguably one of the simplest yet most dependable setups within the toolkit of an experienced Elliott Wave trader.
This setup comprises two essential components.
First, you wait for a strong impulsive rally that can be identified as either subwave A or a subwave C of a wave 3 up and, second, you look for a three leg pullback, A down, B up, C down.
What distinguishes this particular A-B-C downward movement as "flat" is the positioning of its three subwaves. The subwave B tops either slightly below or at the level of the starting point of subwave A. Subsequently, the final move down in subwave C bottoms either slightly above or precisely at the point where the initial leg down in subwave A began. These three movements appear confined by two horizontal lines, delineated by the high and low of the first leg down in subwave A.
I call that type of an A-B-C move down the solid base for another upward push. In the majority of cases, this flat A-B-C pullback is succeeded by a vigorous impulsive upward movement, resulting in a new higher high.
There is one important requirement for that type of a trading setup. Typically, this flat A-B-C retraces either 41.4% or 50% of the preceding impulsive rally. However, if you encounter an A-B-C pullback that retraces more than 50% of the preceding rally, consider it a riskier setup that may not be followed by another strong rally to a new higher high.
To consider an A-B-C move down an attractive long setup it's crucial to ensure that the A-B-C move down doesn't retract more than 50% of the preceding impulsive rally. This ensures that the bullish momentum is strong and bulls remained in the control when bears mistakenly though the price topped.
When analyzing the micro structure of the A-B-C pullback, incorporating retracement ratios is essential. One effective technique is to draw a green box bounded by two key retracement ratios: 41.4% and 50%. This green box is what we refer to as the Green Demand Zone.
Often, the initial leg down, known as subwave A, swiftly brings prices to the upper boundary of the green target box, representing the 41.4% retracement level of the previous rally. Subsequently, a corrective subwave B upward may retrace back to the starting point of subwave A. It's important to note that if subwave B manages to establish a new higher high over the previous rally's peak, the A-B-C structure cannot be labeled as a flat correction.
In such cases, the implication is significant: the final leg down in subwave C may not reach the Green demand zone. Instead, it could form a higher low, transforming the structure into a highly bullish Running flat pattern.
Conversely, if bears halt the corrective bounce in subwave B just below the starting point of subwave A, it's likely that the subsequent leg down in subwave C will re-test the Green demand zone. Within the flat A-B-C pullback, subwave C could either retest the low of subwave A, made at the 41.4% retracement, or it might establish a slightly lower low, potentially bottoming at the widely watched 50% retracement ratio, which marks the lower boundary of the Green box.
Master distinguishing wave iv of c of 3 from a larger corrective wave 4 by analyzing degree, abc structure, extensions, and demand zones in five-wave up patterns.
This Course builds upon a solid foundation laid down by my first video course: "Predict the Market with Harmonic Elliott Wave Analysis: How to Nail Tops and Bottoms in Any Market".
In the first Introductory Video Course “Predict The Market with the Harmonic Elliott Wave analysis” I teach all the basics of the Harmonic Elliott Wave theory from scratch. You do not need to know anything about the Wave Principle to start that course.
You will learn about most common repeating price fractals and how to find them in the market. You will learn rules that would let you quickly check if you correctly identified a pattern in the actual price chart.
This second video course “How to Trade Like a Pro“ is continuation of the first introductory course. It goes deeper into the same subjects. This is where I teach what I personally found by applying the Harmonic Elliott wave theory in trading and you will not find many rules or guidance explained in this course anywhere else.
Moreover, in the “How to Trade Like a Pro” course I focus more on how to use the Harmonic Elliott Wave theory in trading. I show my favorite and most reliable trading setups. I explain how to set targets and protective stops.
This Course explains how to use Wave Analysis to find high probability short-term and long-term trading setups.
The Best Micro Setups: How to Safely Buy Bullish Reversals;
The Most Reliable Macro Setups: How to Buy Pullbacks and Benefit from Power of Bigger Trending Moves;
Very Detailed Trading Rules: When open a trade, how set a protective stop and multiple exit targets;
Extensions that keep stopping pullbacks and rallies;
Comparison of Real Life Structures to Textbook Patterns;
Comprehensive Guide on Micro Structure of the Strongest Part of the Rally, Wave 3 up;
Exclusive Signs of a bottom of corrective wave 4;
The final A-B-C push in wave 5 - a reliable repeating pattern the classic EWT is not aware of;