Elliott Wave Technical Analysis Tutorial 6: Wave Extensions / Extended Impulse Waves!

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Elliott Wave Technical Analysis Tutorial 6: Wave Extensions / Extended Impulse Waves! In this video I talk about the Elliott Wave Method or Elliott Wave Theory and I provide a tutorial for beginners about how to understand how extended wave structures work within the Elliott Wave Method.
Financial Disclaimer:
I am not a financial advisor. The ideas presented in this video are personal opinions and for entertainment purposes only. You (and only you) are responsible for the financial decisions that you make. Ideas presented in this video are my opinions at the date of filming and may have changed in the future.

Пікірлер: 21

  • @flammawow9633
    @flammawow96332 жыл бұрын

    Love your videos man! please keep it up. Could you also show us a tutorial with btc or eth for example

  • @Bigboi-sw6tn
    @Bigboi-sw6tn Жыл бұрын

    Thank you !😊

  • @NicolasChapart-yu5dt
    @NicolasChapart-yu5dt2 ай бұрын

    Ben, thank you for these tutorials. Can we find the deck you are presenting somewhere on the discord?

  • @xanthoschristodoulou1229
    @xanthoschristodoulou12292 жыл бұрын

    Thank you

  • @riche2360
    @riche23602 жыл бұрын

    Thanks

  • @MSWcryptoworker
    @MSWcryptoworker Жыл бұрын

    2 nd time watching plantinum membership

  • @InteractiveMedicine1
    @InteractiveMedicine12 жыл бұрын

    Nice☺

  • @lifeexplorer24
    @lifeexplorer242 жыл бұрын

    hello, i really enjoy your explanations. could you tell me what type of cipher do you use?

  • @mandaliemlembong9890
    @mandaliemlembong98902 жыл бұрын

    So an extension has a 5-3-5-3-5? Thanks. Learned EW a lot from your videos

  • @janvierc6924
    @janvierc6924 Жыл бұрын

    Thanks for this tutorial. I have a doubt: Does 9 waves occur at the same time frame ? Thanks a lot.

  • @aaronong8998
    @aaronong89982 жыл бұрын

    In the First Wave & Fifth wave extensions, does wave 3 always have to be the longest? The extended waves seem longer to me in both cases. Thanks Ben, keep up the great work! 👍👍👍

  • @moretradingonline

    @moretradingonline

    2 жыл бұрын

    It often is, it does not have to be though

  • @nameless60311
    @nameless60311 Жыл бұрын

    Wir haben bei ada im Moment ein zweites 1 2 setup, wenn es sich jetzt dann wirklich so ausspiellt. Liege ich richtig wenn ich im größeren Zeitrahmen davon ausgehe dass die übergeordnete Welle 1 extensiert? Welle 3 und 5 im grossen Zeitrahmen sollten dann, falls sich der chart an die Theorie hält in je 5 Wellen nach oben laufen.

  • @marksa7
    @marksa7 Жыл бұрын

    Hi Ben! On LOOKS chart, Nov 2, 22 - Feb 3, 23, Is that a wave 1 extension? I also notice that Wave 1 length, is equal to wave 3. Can you please confirm? Im really really interested in EW.Thank you!

  • @adamphokou696
    @adamphokou6962 жыл бұрын

    I was looking at this with BTC on a 3day chart and it looks like it's now on wave 4? and could go down upto even 39k ish ?

  • @moretradingonline

    @moretradingonline

    2 жыл бұрын

    yeah I think BTC is in wave 4, but may have completed it now

  • @k11vin

    @k11vin

    2 жыл бұрын

    yes i agree

  • @k11vin

    @k11vin

    2 жыл бұрын

    if we retrace and break 53500 then wave 3 is not valid any more as wave 4 would have dipped lower than wave 1, so many extensions in between the fractal waves

  • @k11vin

    @k11vin

    2 жыл бұрын

    i think we on the 6th retraction wave of the 4th wave on the daily, thats a double WXYXZ which is 3 triple combo waves and we barely closed above the 8 day EMA, on the wave 2 we had 5 candle closes below the 50 before wave 3 kicked off, wave 4 have had only 1 close so far, im still bearish until 50 EMA is tested abit more. Could be wrong of course. But we need to see a open and close above the 8 EMA for real momentum wave 5.

  • @k11vin

    @k11vin

    2 жыл бұрын

    my bull divergence is indicated on the daily, so its coming but i think its abit early

  • @chriskei7851
    @chriskei78512 жыл бұрын

    Extensions are complex :)

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