Elliottology
A comprehensive Elliott Wave glossary. Every term you need to read, apply, and discuss wave analysis with precision, from foundational impulse/corrective definitions to complex patterns and mechanical invalidation rules.
Foundational Terms & Wave Basics
8 termsThe building blocks of Elliott Wave Theory, from the basic five-wave impulse and three-wave correction to wave degrees, cardinal rules, and the fractal nature of markets.
Impulse Waves
5 termsDetailed definitions covering wave extensions, truncations, diagonal structures, and ratio analysis, everything needed to identify and trade impulsive market movements.
Corrective Waves
4 termsThe corrective structures, zigzag, flat, triangle, and complex W-X-Y, with rules, guidelines, and trading notes for each.
Additional Concepts & Tools
5 termsFibonacci retracements and extensions, the alternation guideline, channeling technique, and wave ratio analysis, the supporting toolkit for Elliott Wave practitioners.
Invalidation and Risk Terms
4 termsThe mechanical rules for stop placement and wave count invalidation, the risk management backbone of every Elliott Wave trade.