Prop Firm BridgeProp Firm Bridge
Community

What are the core rules of Elliott Wave theory?

Earl Christian

Elliott Wave theory states that markets move in five impulse waves and three corrective waves. Wave 2 never retraces beyond Wave 1, and Wave 3 is never the shortest. These rules define valid counts. How do you apply the core rules in your wave counting?

0
1 comment
Sign in to join the conversation

1 comment