Wave Theory - Estock School

🌊 Wave Theory (Elliott Wave) Course

Introduction to Elliott Wave Theory

Elliott Wave Theory is a powerful technical analysis tool that identifies repeating wave patterns in market trends. Learn how price moves in cycles and how traders use this theory for predictions.

The Five-Wave Impulse Structure

Impulse waves move in the direction of the main trend and consist of five distinct waves. Understand how to identify these waves and use them to forecast future market movements with accuracy.

The Three-Wave Corrective Structure

Corrective waves move against the trend and are labeled A-B-C. Discover how to analyze corrections and predict when a trend might resume or reverse using the three-wave structure effectively.

How to Label Elliott Waves Correctly

Proper wave labeling is key to using Elliott Wave Theory. Learn the rules and guidelines for identifying and marking impulse and corrective waves on charts to maintain accurate analysis.

Wave Degrees and Their Importance

Markets move in multiple timeframes or “degrees” of waves. Understand how wave degrees—from minute to grand supercycle—help traders recognize larger patterns and avoid misjudging trends.

Fibonacci and Elliott Wave Theory

Fibonacci ratios like 38.2%, 61.8%, and 100% play a major role in wave projections. Learn how to apply Fibonacci tools with wave counts to identify entry, exit, and reversal zones more precisely.

Real Examples of Wave Analysis on Charts

See how Elliott Wave Theory applies to real market charts with case studies. Follow step-by-step breakdowns of impulse and corrective waves across different financial instruments and timeframes.

Common Mistakes in Elliott Wave Trading

Many traders misuse wave theory due to mislabeling or ignoring key rules. Learn the most common errors and how to avoid them to keep your wave analysis consistent and profitable over time.

Combining Elliott Wave with Other Indicators

Boost your trading accuracy by combining Elliott Wave with RSI, MACD, or price action. Learn how multiple tools can confirm wave counts and improve decision-making in trending or volatile markets.

Building a Trading Strategy Using Elliott Wave

Turn theory into practice by building a solid trading strategy using wave analysis. Learn how to spot high-probability setups and manage risk using Elliott Wave principles in real-time conditions.