Elliott Wave Theory - Part 4 | Vantage FX

Vantage FX (www.vantagefx.co.uk) explore how to identify Elliott Waves, how they are formed and how to trade them.

Elliott Wave

In this video we explore how Elliott Waves consist of a 5-wave movement in a rally and a 3-wave movement in a decline. Each Wave movement has an impulsive form and a corrective form, which creates the full chart formation. Each wave can then be broken down into smaller sub-waves, with each impulsive wave consisting of 5 stages and each corrective stage having 3 stages.