Trading With Elliott Waves

Learn how candlesticks visualize price movements by reading open, high, low, and close data, with wicks, bodies, and green or red candles.

Explore momentum and indecisive candles to interpret price action through open, high, low, and close moves, body and wick lengths, and gaps across daily timeframes.

Set the price axis to logarithmic and apply equal time frames, such as daily, 75-minute, or 15-minute candles, to ensure consistent data for Elliott wave analysis.

Analyze how Elliot waves relate price and time, measure time with TradingView's date and price range tool using weekly candles, and apply Fibonacci retracement and extension to quantify price moves.

Examine how institutional and retail participation drives exchange of ownership, moving prices and creating disbelief and euphoria as Elliott wave cycles unfold through buying, selling, and corrective phases.

Apply the Elliott wave framework to weekly and smaller time frames, tracing COVID-era cycles, wave 1–5 and ABC corrections for Nifty and other markets.

Identify the base from the MSAD low or a price low with positive divergence. Then mark the important high and low and verify impulse via a 61.8% retracement.

Identify an impulse in Elliott waves by analyzing retracements from high to low, with 38.2% as a minimum target and 61.8% as impulse trigger in wave 1, 3, or 5.

Learn how wave 2 retraces from 0 to 1 with a price target of 14% to 81.2%, and note that impulse has no time rules while correction adds time targets.

In wave 3, use the 0–1–2 extension with a minimum target of 161.8%, and note there is no upper limit; wave 3 is not the shortest in a trending impulse.

Identify wave 4 with a 0–3 retracement capped at 50%, not dropping below about 50–51% or touching 61.8%, and set wave 5 targets from 3–4 at 127.2% to 261.8%.

Learn how waves 1–5 form a degree and upgrade to higher wave counts, with red and blue series illustrating smaller versus higher impulse waves.

Learn how the Elliott wave structure completes a degree when wave 5 ends. See how smaller blue waves serve as subordinates to larger red degrees, with relative relationships across levels.

Outline how to identify Elliott wave tops and counts by measuring percentage falls, marking 1-5 waves, and using weekly bases to target wave 3 and wave 5 tops.

Draw trend lines to bound wave 3, extend and clone a channel, and use the maturity trend line; break signals top and degree fall.

Examine practical Elliott wave trading examples with Nazara, using trendlines, weekly and daily charts, wave 3 exit concepts, and strict rules to book profits and limit losses.

Count Elliott-wave moves to identify trends, using five, nine, thirteen, seventeen, or twenty-one moves with higher highs and higher lows, and 127% retracements.

Explore impulse types in Elliott waves, including 127% and 161% targets and terminal impulse retracements, plus how wave 5 termination and wave 4 completion affect stop-loss.

Explore Elliott impulse extensions, where a five-move wave becomes nine or more, usually wave three, and identify extensions using degree falls, subordinate falls, and trend lines.

Examine how extensions in Elliott waves produce complex corrections and terminal impulses, and observe patterns where waves 1 and 3 extend, sometimes not reaching 161% or 127%.

Learn to spot the leading diagonal in wave 1, where wave 4’s fall can exceed wave 2’s but must stay under 61%, signaling a strong wave 5.

Study the ending diagonal, a rising wedge in impulse that can wipe out 30–40% of gains, with all waves as ABC, ABC, ABC in wave 5.

Spot an ending diagonal in a long-term impulse, with waves three, four, and five signaling a correction; avoid this stock and time the move.

Learn how to identify corrective tops and count waves in Elliott waves by using 127% retracements, applying the rule of alternation, and distinguishing time wise versus price wise corrections.

Explore the two natures of market corrections—price-wise zigzag and flat, versus time-wise triangle—and their structural forms, including how events and emotions drive immediate or delayed price moves.

Explore the zigzag correction in Elliott waves, detailing A, B, and C structures. Learn retracements from 38% to 61.8%, and the time and trend rules governing A, B, and C.

Explore Elliott Waves trading with corrective A-B-C patterns, identifying entry and exit points, and leveraging time and price rules to target 38% retracements and 40–45% annual gains.

Distinguish impulse from corrective structures with abc counts, set boundary conditions, and use time and price targets on the b wave to navigate abc moves.

Apply the rule of alternation to Elliott wave corrections, identify ABCs as flat or zigzag, and evaluate C for impulse, continuation, or complex correction with price and time targets.

Explore complex corrections in Nifty through Elliott waves, analyzing trend lines and gaps as support and resistance, and shaping entries, stop losses, and a 2% profit target in 10 days.

Identify invalidation as the moment a double correction ends, requiring two events within 80 bars: break the 0-to-X trend line and reach X.

Learn to identify price targets, time targets, and trend lines across Elliott wave corrections, from single to triple forms, and spot rare triangle completions for higher certainty.

Differentiate triple corrections from impulses by analyzing time versus price dynamics and the alternation rule, recognizing degree falls and X, Y, Z structures.

Explore corrections within the Elliott waves framework and how they influence trading decisions, outlining the nature of corrective moves and their impact on wave counts.

Explore reversal candlestick patterns such as bearish engulfing and bullish engulfing formed by two or three candles, applying them at fib levels to signal reversals and guide entries with stops.

Explore how exhaustion gaps and Elliott wave theory inform potential reversals, when gaps fill, how to trail stops, and why trend lines and IC candles matter in identifying reversal setups.

Explore contracting triangles in wave four or wave B, expanding versus contracting, and apply 69–89% retracements with a 61% test for targets; ensure E stays off trend lines.