Wave Counting Secrets: A Trader’s Guide to Elliott Waves

This module will help you understand and apply Elliott Wave Theory to analyze market cycles, predict potential price movements, and enhance your trading confidence. Elliott Wave Theory is a powerful tool used by professional traders to capture market trends, identify reversals, and align trades with the broader structure of the market.

In this module, you will learn:

• What Elliott Wave Theory is and how it was developed to decode market psychology.

• The basic structure of waves: impulse waves (motive waves) and corrective waves.

• How to identify the 5-wave and 3-wave patterns on live charts.

• Understanding wave degrees and fractals for multiple timeframe analysis.

• The rules and guidelines to accurately count Elliott Waves.

• Practical methods to combine Elliott Wave Theory with Fibonacci retracements and extensions for target and stop-loss placement.

• Using Elliott Waves to find high-probability entry and exit points in trending and corrective markets.

• Common mistakes traders make while using Elliott Wave analysis and how to avoid them.

• Live chart examples showing wave analysis for intraday, swing, and positional trading.

Benefits of learning this module:

• Equips you to analyze the market structure systematically, improving your trade timing.

• Helps you understand market psychology and the phases of trends and corrections.

• Provides a structured method for identifying high-probability trades.

• Allows you to combine Elliott Wave Theory with price action for stronger trade confirmation.

• Prepares you for advanced strategy building using wave counts with other technical tools.

Who should learn this module:

• Traders wanting to predict market moves with structured technical analysis.

• Swing and positional traders seeking to align trades with the market cycle.

• Intraday traders looking to identify short-term waves for precise entries.

• Learners interested in advancing their technical analysis skills systematically.

Outcome after completing this module:

• You will understand the structure and logic behind Elliott Wave Theory.

• You will be able to identify impulse and corrective waves on live charts.

• You will learn to use Elliott Waves with Fibonacci tools to plan targets and stops.

• You will develop the confidence to incorporate wave analysis into your trading plan.

• You will be ready to progress to advanced Elliott Wave strategy modules and live practice sessions.