Use the 5-wave structure to determine if you are in a bullish (up) or bearish (down) cycle.
ZigZags, Regular/Running/Expanded Flats, and various Triangles. elliott wave cheat sheet mento pdf patched
Often the strongest and steepest wave, characterized by high volume. Use the 5-wave structure to determine if you
Wait for a clear impulse followed by a corrective pullback that holds above the origin point. elliott wave cheat sheet mento pdf patched
The final rally driven by mass retail FOMO (Fear of Missing Out). Momentum indicators often show divergence here. The 3-Wave Corrective Phase
: ZigZags (Double/Triple), Flats (Regular, Running, Expanded), and various Triangle types. Pros and Cons
Often equals the length of Wave 1, or extends to 0.618 times the distance from the start of Wave 1 to the end of Wave 3. Risks of Downloading "Patched" or Leaked Trading PDFs