Client Login

Elliott Wave 2 Rules

well Steve, the charts have spoken nicely today, so far it is a plus 14R day for me! second highest daily return to date.

Alec, Private Trader

Elliott Wave 2 Rules

Elliott Wave (2) cannot retrace past the start of Wave (1)

If Wave 2 retraces past the start of Wave 1, then it cannot be considered a Wave 2 and the current wave structure must be reconsidered.

This cannot be considered a valid wave count, because Wave (2) has traded below the start of Wave (1), so this wave count must be re-considered.

Next ......

Sign-up for News, Offers & Updates:

To Top