In a diagonal, wave 4 can overlap wave 1 in contrast ... that can be very helpful when it comes to trade with Elliott waves: First of all, retracements based on Fibonacci ratios are usually ...

Back in 1934, Ralph Nelson Elliott discovered ... preferred wave pattern, their sweet spot so to speak, that frees them from having to keep a full account of the waves in all time frames.

From an Elliott wave perspective, the recent move looks like a clean impulsive drop, with the fifth wave now potentially in its late stages—possibly forming a wedge. The 0.90 level is very ...

Therefore, “all we can do is anticipate, monitor, and adjust, if necessary.” See figure 1 below. Figure 1. NDX daily chart with detailed Elliott Wave count and technical indicators Since C ...

The short-term Elliott Wave count suggests that STORY formed a leading diagonal in wave (i) of a new bullish cycle. If the ...