Elliott Wave — Wave Analysis — Education — TradingView (2024)

Technical Analysis Using Elliott Wave Principles on example of Larsen & Toubro Ltd. (Hourly Time Frame) The analysis presented is purely for educational purposes, demonstrating the application of Elliott Wave Theory. It is not intended as trading or investment advice. Markets are unpredictable, and all analyses have a degree of uncertainty. Introduction to...

Technical Analysis Using Elliott Wave Principles on exampled chart of SBI Cards (Daily Time Frame) This analysis is for educational purposes only and is not intended as financial or trading advice. Market movements are inherently uncertain, and the analysis is based on one possible interpretation of the Elliott Wave structure. Please consult a financial advisor...

Technical Analysis on Exampled chart of RBL Bank Ltd. using Elliott Wave Theory Understanding Complex Structures: Elliott Wave Theory in Action This analysis uses Elliott Wave Theory & Structures, which involve multiple possibilities. The analysis presented focuses on one potential scenario. The provided information is for educational purposes only, not...

If you see a triple zigzag from a 'pro Elliott Wave analyst,' run and save your money! It's a rare wave pattern and shouldn't be labeled in real-time.

Elliott Wave Analysis: Example used chart of Eicher Motors (NSE: EICHERMOTORS) This analysis is provided for educational purposes only and does not constitute trading or investment advice. All wave counts are subject to change as the market evolves. Always consult with a qualified financial advisor before making any trading decisions. Overview: In this...

In this article, I will share books that were useful for me in the process of studying trading and the Profitunity trading strategy by Bill Williams. Bill Williams "Trading Chaos 1 and 2" ♡ The first and third books by Bill Williams contain complete and up-to-date information on the Profitunity strategy. The second book "New Trading Dimensions" is...

Educational Idea : Understanding Key Principles of Elliott Wave Theory Introduction Elliott Wave Theory is a powerful tool used by traders to analyze market cycles and forecast future price movements. Understanding its core principles can help you make more informed trading decisions. In this article, we will delve into three fundamental principles of...

Hello, here is a cheat sheet for Elliott Waves for top 10 Rules, so you can print this out and keep on your desk.The Elliott wave principle is a form of technical analysis that finance traders use to analyze financial market cycles and forecast market trends by identifying extremes in investor psychology, highs and lows in prices, and other collective factors....

If you don't know me, I have been a trader a very long time. Nearly 25 years to be exact. Over the years, I have spent a lot of time studying a wide array of techniques, tools, patterns and market sentiment. Lucky enough, the markets have also been very kind to me. I've been fortunate enough to have two trading books published by large traditional publishing...

Understanding how to do Technical Analysis of any chart based on Elliott Waves This analysis is for educational purposes only and should not be considered as trading advice. Multiple scenarios are possible in the real market, and there is a risk of being wrong. It is essential to consult with a financial advisor before making any trading or investment...

Demonstration of Elliott Wave Principles using Bitcoin chart: Rules: Wave 2 never goes below end of Wave 1 => checked Wave 3 is not the shortest of Wave 1, 3 and 5 => checked Wave 4 never goes below end of Wave 1 => checked Guidelines: Guideline of Alternation: Wave 2 and 4 alternates in form (sharp vs sideways), retracement (shallow vs deep)...

Here's how you can analyze the daily chart of BTC/USD to identify a potential wave 5 uptrend using Elliott Wave Theory:Confirmation of Uptrend: Analyze the higher timeframe charts (weekly or monthly) to confirm a dominant uptrend.Completion of Wave 4: Identify the end of the corrective wave 4. It should ideally be shallower than wave 2 and shouldn't breach the...

In this article, we will discuss a proven price action based way to identify the market trend .❗️And let me note, before we start, that no matter what strategy do you use in your trading, you should always know where the market is going and what is the current trend . Your judgement should be based on strict and objective rules that proved its...

Greetings, fellow traders. In this article, we'll be reassessing our annual Elliott Wave counts and going deeper into interpreting Bitcoin's current decade cycle. I'll make sure to segment each part by drawing insights from the previous cycles, also employing the Elliott Wave Theory, and integrating major timeline events to bolster my perspective on Bitcoin's...

Learn how powerful Fibonacci Retracements and Fibonacci Price Theory are when adequately deployed.It can tell where and when to target entries, trends, risks, and reversals.Anyone can do this when they learn to efficiently manage the ranges and use Fibonacci tools in Trading View.It's time you took a few minutes to learn the PRICE is the ultimate indicator....

Most of you have probably heard about Elliott waves and we are sure that you don’t use it in cryptocurrency trading strategy because it’s very complicated and subjective approach. Crypto trading for beginners is very challenging and stressful even without Elliott waves. To be honest when we first time tried to implement it to my crypto trading strategies it was a...

I published 3 indicators for trading using Bill Williams' Profitunity strategy. For each indicator, I have added a visual and detailed description in English and Russian. In this post I will briefly describe these indicators and how I use them together. AFDSA indicator (Alligator + Fractals + Divergent & Squat Bars + Signal Alerts) Includes Williams...

I started to assemble own ibrary of ElliottWave patterns and rules. Here simple zigzags occured in: wave W and wave Y of WXY double zigzag Zigzag 1 - wave WWave A - leading diagonal Wave B - double zigzag Wave C - ending expanding diagonal ending at the top line of the parrallel channel Zigzag 2 - wave YWave A - impulse Wave B - double zigzag Wave C -...