Discover impulse wave patterns, crucial for Elliott Wave Theory. Learn their rules, definitions, and how they guide trading strategies for trend direction analysis.

Elliott Wave Theory is my favorite style of analysis in that it has a small set of rigid rules, several guidelines, and a limited number of patterns to follow. If you can identify the patterns ...

The Elliott wave analysis for Silver (XAG/USD) suggests it is currently in a corrective rally phase wave ((b)). This rally is the second wave of a large ((a))-((b))-((c)) decline. Wave ((b)) is a ...

-Zigzags subdivide as an A-B-C (5-3-5) sequence -Many times, wave C can be estimated using common rations and channeling In Elliott Wave theory, a zig zag is a pattern consisting of 3 waves labeled ...

Even before I start writing this story, I can see critics saying that all this analysis is after the fact. Well, I can show you plenty of examples where the technique that is being discussed below was ...