Mastering Elliott Wave Principle: Elementary Concepts, Wave Patterns, and Practice Exercises

CHAPTER 4

Diagonal Triangles (Wedges)

Termination and Leading Patterns

Now that you have the start of a working vocabulary regarding corrective patterns, it will be easier to examine these wedge-shaped patterns in a more meaningful way. Then, when we have finished this discussion, you will be ready for your first exam to really anchor these concepts and to uncover any weaknesses you may have. In Chapter 5 is a practice exam to build your confidence. Then (also in Chapter 5) the final exam will follow to ensure you are starting to see the basic patterns. The second book, Advanced Elliott Wave Analysis: Complex Patterns, Intermarket Relationships, and Global Cash Flow Analysis, will begin at the intermediate level. Do not move on to the Intermediate ...