Elliot Wave - Cheat Sheet Final

Alternation Wave2 Wave4 % of Total 1) Wave 2 does not fall below the starting price of wave 1. Sharp Sharp 8.7% 2) Wave

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Alternation

Wave2 Wave4 % of Total 1) Wave 2 does not fall below the starting price of wave 1. Sharp Sharp 8.7% 2) Wave 3 is not the shortest wave by price movement Sharp Sideways 53.6% when compared to wave 1 and wave 5. Sideways Sharp 8.2% 3) Wave 4 does not overlap the range of wave 1. Sideways Sideways 29.6% Alternating 61.8%

LD

Cor - Cor – Cor – Cor - Cor

ED

Leading Diagonal

ZZ Or , DZ TZ

4 w2 O/L w4 w2 < w1 w3 > w2 w3 > w1 or w5 w5 ≥ 0.5*w4

2

Imp - Cor – Imp – Cor - Imp

Ending Diagonal

Sideways IM LD ED ZZ DZ TZ FL D3 T3 CT ET Can interchange with:wA - 93/100 7/0 0 0 0 0 0 0 0 0 0 DZ & TZ

FL

C

IM or ED

C

Zigzag

C IM LD ED ZZ DZ TZ FL D3 T3 CT ET wW - 0 0 0 100 0 0 0 0 0 0 0 wX - 0 0 0 24 5 1 55 10 0 5 0 wY - 0 0 0 100 0 0 0 0 0 0 0

IM LD ED ZZ DZ TZ FL D3 T3 CT ET 0 0 45 14 5 24 11 0 0 0 wA - 0 0 0 53 16 6 10 15 0 0 0 wB - 0 wC-74/100 0 26/0 0 0 0 0 0 0 0 0

No A t ▲ ny ,D C x, Tx

X ZZ

yC An t ET No

N

ZZ

Double Zigzag

Y

Y

N o An tD yC x, Tx

wX ≥ 0.5*wW wY > wX

W

Triple Zigzag

Can interchange with:FL, D3, ET & CT

XX

X

wXX ≥ 0.5*wY wZ > wXX

Cor – Cor – Cor – Cor - Cor

Double 3

Y

x y C x, T An , D t▲ No

y C Tx An Dx, t No

yC An t ET No

T3

ZZ

wXX < wY wZ ≥ wXX

0.5*wA ≤ wB < 2*wA wC O/L wA

Cor – Cor – Cor Y

y C Tx An Dx, t No

W

XX

ZZ

C

X

y C Tx An , D x , ▲ ot

IM LD ED ZZ DZ TZ FL D3 T3 CT ET wW - 0 0 0 18 0 0 82 0 0 0 0 wX - 0 0 0 52 0 0 48 0 0 0 0 wY - 0 0 0 55 0 0 22 0 0 13 10

x yC ,T An , Dx t▲ No

Can interchange with:ZZ & DZ

ZZ yC T An t E No

Flat

W

Cor – Cor – Cor

X

Cor – Cor – Imp

Can interchange with:FL, T3, CT & ET

D3

ot A n ▲ yC ,D x, Tx

Can interchange with:ZZ & TZ

TZ

or IM ED

A

A

Imp – Cor – Imp

W

yC An t ▲ No

N

wB < wA wC > 0.7*wB

0.5*wA ≤ wB < 2*wA wC O/L wA

y An

IM D L or

B y An

B

Can interchange with:D3, T3, CT & ET

0 0 30 6 2 40 12 0/9 8 3 wB - 0 wC - 82/100 0 18/0 0 0 0 0 0 0 0 0

wX < wW wY ≥ wX

ZZ , O r DZ TZ

IM

IM

2

w1 2 w2 -

Sharps

wX < wW wY ≥ wX

IM o ED r

IM E D or

IM LD or

w2 O/L w4 w2 < w1 w3 > w2 w3 > w1 or w5 w5 ≥ 0.5*w4

5 yC

IM LD ED ZZ DZ TZ FL D3 T3 CT ET 93 7 0 0 0 0 0 0 0 0 0 0 0 0 42 8 1 40 10 0 0 0 w3 - 100 0 0 0 0 0 0 0 0 0 0 0 0 0 32 3 1 48 8 0 5 5 w4 w5 - 93 0 7 0 0 0 0 0 0 0 0

4

yC An t ▲ No

4

3 An

C

Impulse

DZ

1

C

C y An ot ▲ N

IM L D or

1

Imp – Cor – Imp – Cor - Imp

ZZ

Can interchange with:- IM & LD Appear:- w5 of IM

5

3 y An

An y

1

IM

Can interchange with:- IM & ED Appear:- w1 of IM (only rising)

5

3

C y An o t ▲ N

Can interchange with:- LD & ED w2 O/L w4 w2 < w1 w3 > w2 w3 > w1 or w5 w5 ≥ 0.7*w4

Wave2 Wave4 Combined % Sharp Sideways 86% Sideways Sharp 22%

ZZ , Or DZ TZ

Elliott Rules

Cor – Cor – Cor - Cor - Cor

Z

Triple 3

Z

Triangles Tx x,

x Dx ,T

x x, T

ZZ ,D

x, T

C

x

A No n y C t▲

,D

,D

ZZ

ZZ

wB < wC ≤ 2.5*wB wC < wD ≤ 2.5*wC wD < wE ≤ 2.5*wD wA or wB = Min

x

T x,

A

,D ZZ

D3 T3 CT ET 0 0 0 0 0 0 0 0 4/6 0/1 0 0 2/4 0 0 0 0 0 1 0

x

ZZ DZ TZ FL wA - 63/51 22 9 9/16 wB - 62/69 25 10 0 wC - 70/66 15 6 9/5 wD - 82/71 11 2 3/14 wE - 83/86 12 2 0

Can interchange with:FL, D3, T3 & CT

B

x, T

Contracting Triangle

E

0.2*wD ≤ wE < wD wE O/L wA wA or wB = Max

D

ET ,D

,

Cor – Cor – Cor - Cor - Cor

, Tx x, ,D T ZZ Or C

yC An t ▲ No

x x, T ,D ZZ r FL o

A

C

Can interchange with:FL, D3, T3 & ET Appear:- w4 of IM wB of ZZ wE of CT

ZZ

D

ZZ ,

B

CT

Cor – Cor – Cor - Cor - Cor

Expanding Triangle

E