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How to Count Elliott Wave in 10 Seconds - Part 3 - Wave 5

Education
FX:USDCHF   U.S. Dollar / Swiss Franc
This is the final part of the Tutorial

In this tutorial you will learn how to identify Wave 5.

you will also learn how to break down a wave 3 and check its internal structure

Once you learn this trick you will be able to check any wave whether it has the "expected" structure inside it.

e.g. All Wave 3's must have an internal structure of Wave 1- Wave 2 - Wave 3- Wave 4 and Wave 5. So you can check that. Like wise

All wave 4's have either ABC or ABCDEF structure inside it. But most importantly almost all Wave C's have 1-5 Sequence.
And Wave B has ABC ( zig zag ) inside it.

But you don't need to complicate things. Simple Look for Wave 3 and Wait for Wave 4... using this concept ... TRADE WAVE 5... towards Target Zone 1...

If you'd like to learn more in-depth please consider downloading my FREE EBOOK on this 10 Seconds to Elliott Wave .. Link is in my signature.

Please HIT HIT THE LIKE button on the video above ... and ask any follow-up questions in the comments section below.

Comments

Thanks for sharing
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How do we identify what wave we are in now for USDCHF? It could go up or down from here?
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azk001 azk001
@azk001, what i meant is that its in a range for more than 140 candles on the hourly chart. So how do we work it out from here?
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What is the Next move. Usdchf
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Please HIT HIT THE LIKE button on the video above ... and ask any follow-up questions in the comments section below.
Reply
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