Hello!
➡️In this lecture, we will cover one of the most common or popular correction options - triangles. I remind you that we are now considering various correction structures that are encountered both separately and can be part of more complex structures.
➡️Triangles are probably the most popular pattern for all beginners, yes, and not only beginners. It is...
Hello!
Dear colleagues, because I am constantly analyzing the markets with the help of wave analysis. Many colleagues ask me about it and I decided to make some tutorial posts to help you in this difficult task.
I want to present this information to you in a simple and straightforward manner.
Well, enough unnecessary text, let's get started!
A bit of history...
👩🏻💻Hello!
Dear colleagues, this is the 7th lesson on wave analysis and today we are going to look at Multiple Zigzag. We already know what a Zigzag is, so we will not look at this pattern for a long time, but just to clarify that Multiple Zigzag consists of several Zigzags.
Let's get to the rules and guidelines!
✅ Rules ✅
📍A Multiple Zigzag comprise two (or...
👩🏻💻Hello!
In this lecture, we will cover one of the options for corrective cycles, namely Flat.
Let's now look at the 'flat' separately as a stand-alone correctional structure. I remind you, 'flat' and 'plane' are essentially the same thing. So, the 'flat' always has a three-wave structure, and it looks like this: 3-3-5. That is, you can identify it by the third...
👩🏻💻 Welcome to the 4th lecture on Elliott Waves!
➡️In this lecture, we will start discussing the variations for corrective movements. Let's begin with the simplest one - it's zigzags.
➡️By correction, we mean the construction "ABC" after an impulse. This reminds us of a zigzag, hence the name. Also, we can encounter it in each corrective wave, that is, "2" and...
👩🏻💻 Hello !
This time we're going to look at combinations.
It may seem too complicated, but don't worry. In fact, any combination simply consists of two corrective patterns that you and I already know, only between these two patterns there is a connecting wave.
Let's go straight to the rules and everything will become clear to you at once!
✅ Rules ✅
📍A “double...
👩🏻💻Welcome to the 3nd lecture on Elliott Waves!
➡️In this lecture, I will talk about the Leading and Ending diagonals as the primary and most common variations of impulsive waves. We will also touch on the Expanding diagonal, which occurs significantly less frequently. Earlier, we covered the general concept of impulse and its structure. Now, I will...
👩🏻💻 Welcome to the 2nd lecture on Elliott Waves.
So, Elliott Wave Theory suggests that price behavior follows a wave structure, with three waves being impulse waves and 2 being corrective waves. It can be said that these 5 waves look like the image above.
➡️For example, let's take an upward impulse, where the impulse refers to all these five waves. We observe...
Bar patterns are elegant tools for every trader who trades on Price Action signals. I present to you 10 bar patterns that you must know!
These patterns are easily found on charts and allow for easy placement of stop loss and take profit.
Reversal Bar Patterns
1. Reversal Bar
2. Key Reversal Bar
3. Exhaustion Bar
4. Pin Bar
5. Two-Bar Reversal
6. Three-Bar...
