Elliott Wave Cheat Sheet | Mento Pdf Patched

You can project the targets of future waves by drawing trendlines. Connect the peaks of Wave 1 and Wave 3, then draw a parallel line starting at the bottom of Wave 2. This creates a channel that reliably projects the termination point of Wave 4 and Wave 5. Advanced Corrective Patterns Cheat Sheet

: Community-created versions of these rules are available on TradingView [15]. elliott wave cheat sheet mento pdf patched

Often equals the length of Wave 1, or reaches 61.8% of the net distance traveled from the start of Wave 1 to the peak of Wave 3. You can project the targets of future waves