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Visual Guide to Elliott Wave Trading

Using more than 200 charts and 20 market examples, coauthors Jeffrey Kennedy and Wayne Gorman equip you with what you need to use the Wave Principle to spot market turning points and high-confidence trade setups in your own trading.

Elliott Wave Principle - Key to Market Behavior

Now in its 40th year, Elliott Wave Principle is one of the most popular market analysis books ever published. Amazon reviewers say, "Still the Classic and Essential Text for Elliott Wave Trading" and "This is the bible of the theory."

The Kennedy Channeling Technique

Watch Jeffrey demonstrate his own trend tool that helps identify and confirm Elliott wave counts.

The Wave Principle Applied

A great starter video. Jeffrey takes you through the basics of the Wave Principle and identifies his favorite trade setups in the wave patterns.

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 Learning FundamentalsChanneling

Elliott noted that parallel trend channels typically mark the upper and lower boundaries of impulse waves, often with dramatic precision. Analysts should draw them in advance to assist in determining wave targets and to provide clues to the future development of trends.

To draw a proper channel, first connect the ends of waves two and four. If waves one and three are normal, the upper parallel most accurately forecasts the end of wave 5 when drawn touching the peak of wave three, as in Figure 1.

Key Takeaway: Can you count a completed five waves and prices just hit a channel? Pay attention!

For a complete description, please read Elliott Wave Principle: Key to Market Behavior by Robert Prechter and A.J. Frost.

Figure 1

Video Topic: Channeling


Define Your Trading Setups

7/29/2022 11:41:00 AM
Market: Litecoin
Runtime: 13:57
Topics: Zigzags,Finding Opportunities,Channeling,RSI/Stochastic