Fibonacci Ratios in Elliott Wave Theory

When I map market structures, identifying the wave pattern is only the first step. To pinpoint exactly where a wave is mathematically probable to terminate, I must apply the second pillar of the Elliott Wave Principle: Fibonacci proportions. The wave structure provides the form, but Fibonacci mathematics provides the exact scale and measurement of that […]

Wave 2 Retracement Rules and Invalidation

If Wave 1 represents the initial spark of structural change, Wave 2 is the mathematical crucible where the new trend is tested. In my analytical work, Wave 2 is one of the most critical junctures on any chart. It is governed by a ruthless cardinal rule that separates valid impulse counts from complete structural failures. […]