ExtensionsWave 1 extension recognition
When Wave 1 is the extended wave Wave 2 retraces shallow and signals strong trend; reduce Wave 5 target
Source: elitecurrensea.com
ExtensionsWave 3 extension setup
Most common case in stocks/FX; Wave 3 = 1.618-2.618x Wave 1; primary trade
Source: elliottwavemonitor.com
ExtensionsWave 5 extension (commodities)
Commodities and metals frequently extend in Wave 5; trade higher targets
Source: elliottwavemonitor.com
ExtensionsExtension within extension (3 of 3)
Identify nested impulse subdivision within Wave 3 of larger Wave 3 for highest momentum
Source: elliottwaveplus.com
Extensions9-wave count after extension
Recognize 9-wave structure when extension occurs; redraw degrees properly
Source: elliottwaveplus.com
ZigzagWave A 5-wave entry
Enter sharp counter-trend leg as 5-wave structure forms; first profit-take at A end
Source: elitecurrensea.com
ZigzagWave B retracement short
Re-enter trend direction at B retrace 50-79% of A; SL above B high
Source: naga.com
ZigzagWave C target 1.0x A
Take profit on counter-trend C at A's length; classic zigzag target
Source: elitecurrensea.com
ZigzagWave C extension 1.618x A
Aggressive C-wave target when momentum strong; ride full extension
Source: elliottwavemonitor.com
FlatExpanded flat trade
B exceeds A start C exceeds A end; primary trade is C reversal at extension
Source: elliottwaveplus.com
FlatRunning flat trade
B beyond A start C fails to reach A end; very rare; explosive trend resumption
Source: elliottwaveplus.com
FlatInverted expanded flat
Bear market expanded flat; sharp reversal at C bottom
Source: elliottwaveplus.com
TriangleTriangle in Wave 4 thrust
Wave 4 triangle resolves into Wave 5 thrust; aggressive trend resume entry
Source: elliottwaveplus.com
TriangleTriangle in Wave B thrust
B-wave triangle inside ABC; thrust into final C wave
Source: elliottwave-forecast.com
CombinationsZigzag-X-Triangle (DZ)
Standard double-three ending in triangle; thrust signals trend resume
Source: naga.com
CombinationsFlat-X-Zigzag DZ
Less common double-three variant; trade completion
Source: naga.com
AlternationSharp-then-sideways alternation
If Wave 2 zigzag expect Wave 4 flat/triangle; sets target zone
Source: elliottwaveplus.com
AlternationSideways-then-sharp alternation
If Wave 2 sideways expect Wave 4 sharp; helps anticipate Wave 4 magnitude
Source: tradepips.com
ChannelsParallel channel from 0-2 line
Connect Wave 0-Wave 2; project parallel through Wave 1; estimate Wave 4 boundary
Source: elliottwaveplus.com
ChannelsParallel channel from 1-3 line
Connect Wave 1-Wave 3; project parallel through Wave 2; estimate Wave 4 end
Source: elliottwaveplus.com
ChannelsParallel channel from 2-4 line
Connect Wave 2-Wave 4; project parallel through Wave 3; estimate Wave 5 end
Source: elliottwaveplus.com
ChannelsChannel breakdown completion
Break of opposite channel boundary confirms count complete; trend resumes
Source: elliottwaveplus.com
Fibonacci RatiosWave 2 = 0.618 Wave 1
Most common Wave 2 retracement target; entry zone
Source: elliottwavemonitor.com
Fibonacci RatiosWave 2 = 0.786 Wave 1
Deeper Wave 2 retracement before strong trend; final entry
Source: elliottwavemonitor.com
Fibonacci RatiosWave 3 = 1.618 Wave 1
Standard Wave 3 extension target; minimum extension
Source: elliottwavemonitor.com
Fibonacci RatiosWave 3 = 2.618 Wave 1
Wave 3 extreme extension target when extended
Source: elliottwavemonitor.com
Fibonacci RatiosWave 4 = 0.382 Wave 3
Standard Wave 4 retracement; ideal entry zone
Source: elliottwavemonitor.com
Fibonacci RatiosWave 5 = Wave 1 (when 3 extended)
Wave 5 equality with Wave 1 when Wave 3 was the extended wave
Source: elliottwavemonitor.com
Fibonacci RatiosWave 5 = 0.618 net waves 1-3
Truncated Wave 5 target
Source: elliottwaveplus.com
Fibonacci RatiosWave A = 0.5-0.618 Wave 5
Initial counter-trend target after motive completion
Source: elliottwavemonitor.com
Fibonacci RatiosWave B (zigzag) = 0.5-0.618 Wave A
Zigzag B retrace standard zone
Source: elliottwavemonitor.com
Fibonacci RatiosWave B (flat) = 0.9-1.05 Wave A
Flat B retrace zone identifies regular vs expanded
Source: elliottwavemonitor.com
Fibonacci RatiosWave C = 1.0 Wave A (zigzag)
Standard zigzag C target equality with A
Source: elliottwavemonitor.com
Fibonacci RatiosWave C = 1.618 Wave A (zigzag)
Strong zigzag C extension target
Source: elliottwavemonitor.com
Fibonacci RatiosWave X = 0.5 Wave W
Standard X-wave retracement in WXY combination
Source: elliottwavemonitor.com
Time TargetsWave 1-3 time = end of 3 to end of 5
Time symmetry estimate for Wave 5 completion
Source: elliottwaveplus.com
Time TargetsFibonacci time projections
Project completion bars using Fibonacci ratios of prior wave times
Source: elliottwaveplus.com
Multi-DegreeSupercycle - Cycle - Primary count
Identify largest degree to set bias before lower degree entry
Source: elliottwave-forecast.com
Multi-DegreePrimary - Intermediate - Minor count
Three intermediate timeframes for trade selection
Source: elliottwave-forecast.com
Multi-DegreeMinor - Minute - Minuette
Use lowest degrees on intraday charts for entry precision
Source: elliottwave-forecast.com
RulesRule: Wave 2 cannot exceed Wave 1 origin
Hard SL above/below Wave 1 start; entire count invalid if breached
Source: elliottwavemonitor.com
RulesRule: Wave 3 not shortest
If Wave 3 turns shortest the count is invalid; recount required
Source: elliottwavemonitor.com
RulesRule: Wave 4 cannot enter Wave 1 territory
Wave 4 low/high cannot overlap Wave 1 except in diagonals
Source: elliottwave-forecast.com
RulesRule: Diagonal exception (Wave 4 overlaps)
Only diagonals allow Wave 1-4 overlap; recognize wedge before invalidating
Source: elliottwavemonitor.com
RulesRule: Wave A in zigzag must be 5 waves
If A is 3 waves it is a flat or triangle; not zigzag
Source: elliottwave-forecast.com
RulesRule: Wave C must be impulse
C wave structure of 5; if 3 then count is wrong
Source: elliottwave-forecast.com
RulesRule: Wave A in flat = 3 waves
A as 3 waves identifies flat vs zigzag distinction
Source: elliottwave-forecast.com
Trade MgmtStop at invalidation level
Use the precise EW invalidation point as SL not arbitrary distance
Source: elliottwave-forecast.com
Trade MgmtTrail SL at sub-wave 4 lows
Move SL behind each completed Wave 4 of one degree lower
Source: elliottwave-forecast.com
Trade MgmtTake partial at 1.618 extension
Take half at standard Wave 3 target; let runner go
Source: elliottwavemonitor.com
Trade MgmtExit on alternate count invalidation
Track 2 alternate counts; exit when primary count fails technical test
Source: elliottwave-forecast.com
ConfirmationsMomentum divergence at Wave 5
RSI/MACD divergence between Wave 3 and Wave 5 confirms exhaustion
Source: luxalgo.com
ConfirmationsVolume falls in Wave 5 vs Wave 3
Lower volume on Wave 5 vs Wave 3 supports impulse completion
Source: elliottwaveplus.com
ConfirmationsVolume highest in Wave 3
Wave 3 should show highest volume; if not recount
Source: elliottwaveplus.com
ConfirmationsInternal 5-wave structure check
Confirm impulse waves contain 5 lower-degree subdivisions before commit
Source: elliottwaveplus.com
ConfirmationsInternal 3-wave structure check (corrective)
Corrective waves must contain 3 lower-degree subdivisions
Source: elliottwaveplus.com
PersonalityWave 1 personality (skepticism)
Trend reversal often disbelieved; volume modest; small trader entries
Source: elliottwaveplus.com
PersonalityWave 2 personality (deep retracement)
Doubt reasserts; sharp pullback often appears as continuation of old trend
Source: elliottwaveplus.com
PersonalityWave 3 personality (recognition)
Trend obvious; news flow positive (or negative); maximum momentum
Source: elliottwaveplus.com
PersonalityWave 4 personality (consolidation)
Sideways profit-taking; complex correction; lower volume
Source: elliottwaveplus.com
PersonalityWave 5 personality (euphoria)
Late-comers pile in; divergences appear; classic exhaustion
Source: elliottwaveplus.com
ApplicationStocks - Wave 3 extends typically
Equities tend to extend Wave 3; size accordingly
Source: elliottwavemonitor.com
ApplicationFX - Wave 3 extends typically
FX behaves similarly to stocks for Wave 3 extension
Source: elliottwavemonitor.com
ApplicationCommodities - Wave 5 extends
Commodities frequently extend in Wave 5; raise final target
Source: elliottwavemonitor.com
ApplicationMetals - Wave 5 extension
Gold/silver tend to extend in Wave 5 of major bull moves
Source: elliottwavemonitor.com
ApplicationCrypto - all degrees fractal
EW principles apply across crypto timeframes due to fractal price action
Source: luxalgo.com
ApplicationIndices - regular impulse
Major indices follow textbook impulses with Wave 3 extensions
Source: elliottwave-forecast.com
Ascending triangle thrust
TriangleBreakout
Flat top with rising lows; trade thrust above resistance with target = widest part
Source: naga.com
Channel breakout (throw-over)
ChannelsReversal
Wave 5 pierces upper channel and reverses sharply; classic exhaustion trade
Source: elliottwaveplus.com
Contracting triangle E-wave entry
Triangle (3-3-3-3-3)Breakout
Buy/short on E completion just before terminal thrust out of converging triangle
Source: elliottwaveplus.com
Descending triangle thrust
TriangleBreakout
Flat bottom with falling highs; thrust below support; bearish version
Source: naga.com
Double Three (WXY) trade
CombinationsRange
Two flats/zigzags joined by X; trade completion at end of Y
Source: elliottwave.com
Double zigzag (WXY)
ZigzagCounter-trend
Trade two connected ABC patterns; Y reaches 1.0-1.618x W
Source: elitecurrensea.com
EW + Fibonacci cluster
Hybrid StrategyBoth
Multiple Fib levels coincide at Wave 4 zone; high-prob entry
Source: luxalgo.com
EW + RSI confluence entry
Hybrid StrategyBoth
Wait for EW count + RSI overbought/oversold confluence at Wave 5 termination
Source: luxalgo.com
EW + Wyckoff schematic alignment
Hybrid StrategyBoth
Combine EW Wave 4 = Wyckoff reaccumulation Phase B/C for highest-prob continuation
Source: elliottwave-forecast.com
EW + harmonic confluence
Hybrid StrategyBoth
Gartley/Bat/Butterfly D-point coincides with EW Wave 2 or 4 termination
Source: elitecurrensea.com
EW + trendline confluence
Hybrid StrategyBoth
Channel boundary touches at expected wave termination raise probability
Source: elliottwaveplus.com
EW + volume profile
Hybrid StrategyBoth
Confirm Wave 4 termination at Volume Profile HVN/VAL/VAH
Source: luxalgo.com
Ending diagonal (3-3-3-3-3)
DiagonalReversal
Wedge in Wave 5 or Wave C; expect sharp reversal back to wedge start
Source: elliottwave-forecast.com
Expanding diagonal
DiagonalReversal
Reverse-wedge variant; trade post-pattern reversal
Source: elliottwave-forecast.com
Expanding triangle (megaphone)
TriangleReversal
Diverging trendlines; multiple reversals; trade off each boundary
Source: elliottwave-forecast.com
Leading diagonal (5-3-5-3-5)
DiagonalTrend start
Identify wedge with overlapping waves at start of trend; trade Wave 2 retracement
Source: elliottwave-forecast.com
Regular flat trade
Flat (3-3-5)Range
B = 90-105% of A C = 100-105% of A; trade C reversal at A extreme
Source: elitecurrensea.com
Single zigzag ABC reversal
Zigzag (5-3-5)Counter-trend
Trade A as 5 waves down trend pause B 50-79% of A C = 1.0-1.618x A
Source: elliottwave-forecast.com
Symmetric triangle thrust
TriangleBreakout
Two converging trendlines; thrust direction usually equals prior trend
Source: naga.com
Throw-over of trendline
DiagonalReversal
Wave 5 throw-over above channel signals exhaustion; fade with stop above throw-over
Source: elliottwaveplus.com
Triple Three (WXYXZ) trade
CombinationsRange
Three patterns joined by two X waves; trade completion at end of Z
Source: elliottwave.com
Triple zigzag (WXYXZ)
ZigzagCounter-trend
Three connected zigzags; very rare; reverse aggressively at completion
Source: elitecurrensea.com
Wave 1 entry off ChoCH
Impulse SetupsLong/Short
Enter when 5-wave move appears off prior trend reversal; tight SL inside the start of Wave 1
Source: elliottwave-forecast.com
Wave 2 retracement entry (50-61.8%)
Impulse SetupsTrend follow
Buy/short pullback to 50-61.8% of Wave 1; SL beyond Wave 1 origin
Source: elliottwavemonitor.com
Wave 2 retracement entry (76.4-78.6%)
Impulse SetupsTrend follow
Aggressive entry on deeper Wave 2 retracement; tighter R/R
Source: elliottwavemonitor.com
Wave 3 add at 1.618x Wave 1
Impulse SetupsTrend follow
Pyramid into the strongest wave at 1.618 extension target as breakout retests
Source: elliottwavemonitor.com
Wave 3 entry on Wave 1 high break
Impulse SetupsTrend follow
Enter when price breaks Wave 1 extreme confirming Wave 3 underway; ride to 1.618x Wave 1
Source: elliottwave-forecast.com
Wave 4 alternation rule trade
Impulse SetupsTrend follow
If Wave 2 was sharp expect Wave 4 sideways (triangle/flat); trade the apex breakout
Source: elliottwaveplus.com
Wave 4 retracement entry (38.2%)
Impulse SetupsTrend follow
Buy/short pullback to 38.2% of Wave 3; SL must respect Wave 1 territory
Source: elitecurrensea.com
Wave 5 extension (1.618x net 1-3)
Impulse SetupsTrend follow
Trade Wave 5 with 1.618x target of Waves 1-3 net when neither 1 nor 3 extended
Source: elliottwaveplus.com
Wave 5 trade (1.0x Wave 1 target)
Impulse SetupsTrend follow
Enter Wave 5 expecting equal length to Wave 1 when Wave 3 is extended
Source: elliottwavemonitor.com
Wave 5 truncation reversal
Impulse SetupsReversal
If Wave 5 fails to exceed Wave 3 high reverse aggressively expecting strong correction
Source: elliottwavemonitor.com
Zigzag-X-Flat-X-Triangle
CombinationsRange
Common ending combination; final triangle thrust completes correction
Source: naga.com
An encyclopedia of publicly documented strategies for education. YCAI does not recommend, endorse, or trade any of these. Not investment advice.