Elliott Wave Theory doesn’t just explain past price action—it helps forecast future moves. By identifying the current wave position within the broader structure, traders can anticipate potential direction, targets, and timing of the next big market move. In this guide, you’ll learn the fundamentals of Elliott Wave forecasting and how to apply it with clarity…
The Nifty 50, India’s benchmark index, has experienced several clean Elliott Wave formations over the years—especially during major bull and bear phases. By applying Elliott Wave Theory to historical Nifty price action, traders can gain insight into how crowd psychology drives Indian markets. In this case study, we’ll analyze a notable Elliott Wave setup on…
Elliott Wave analysis is often considered an art form. But what if software could scan charts and label waves for you automatically? That’s the idea behind Elliott Wave scanner tools—platforms that identify wave structures based on predefined rules and algorithms. In this post, we’ll explore how these scanners work, their pros and limitations, and how…
TradingView is one of the most popular charting platforms in the world. With built-in drawing tools and community indicators, it’s ideal for performing Elliott Wave analysis, especially for traders who want speed, accessibility, and ease of use. In this guide, we’ll walk through how to use TradingView effectively to chart and analyze Elliott Waves. Why…
Elliott Wave Theory requires accurate charting, labeling, and pattern recognition. While manual analysis is valuable, Elliott Wave software can speed up your workflow and reduce human error—especially for beginners and active traders. This guide reviews the top tools used for Elliott Wave analysis, based on features, accuracy, and user experience. 1. MotiveWave Best for: Professional…
Elliott Wave Theory offers a structured method to analyze market behavior. However, applying it successfully requires knowing where to enter and exit trades. This article provides clear, rule-based entry and exit strategies using Elliott Wave principles, particularly useful for those beginning to trade with this method. Best Entry Points in Elliott Wave Trading 1. Entering…
Elliott Wave Theory is a powerful method for analyzing market trends, but it comes with challenges. Many traders misuse or misinterpret wave structures—leading to poor trades and inaccurate forecasts. In this guide, we’ll cover the most common Elliott Wave mistakes and how to avoid them in your trading process. 1. Forcing a Wave Count to…
Elliott Wave Theory gives structure to price movement, while Fibonacci retracements help pinpoint where price might pause or reverse. When used together, they form a powerful tool for traders to analyze and enter markets more precisely. In this post, we’ll explain how to combine Elliott Wave and Fibonacci retracements for better trade setups and risk…
Cryptocurrency markets are highly volatile and trend-driven—making them a great fit for Elliott Wave analysis. Whether you’re swing trading or holding for the long term, understanding wave patterns can help you time entries and exits more effectively. In this article, we’ll apply Elliott Wave Theory to Bitcoin (BTC) and show how traders use it to…
Elliott Wave Theory is more than just a charting method—it’s a way to read market psychology through wave patterns. When applied properly, it helps stock traders identify trend direction, correction phases, and entry/exit points with high confidence. In this guide, we’ll walk through how to trade stocks using Elliott Wave Theory step-by-step. Step 1: Identify…
