Price moves in five impulse waves + three corrective waves. Identify the current wave count; enter in the direction of impulses (waves 3 and 5), exit before corrections.
This page shows the core summary above. Detailed setup, entry/exit rules, and an interactive chart for this strategy are being added in a follow-up pass. See the Advanced category for related strategies with full detail already added.
Price moves in five impulse waves + three corrective waves. Identify the current wave count; enter in the direction of impulses (waves 3 and 5), exit before corrections.
Regardless of the specific setup, these apply to every strategy on this site:
Every strategy here is an educational description of a widely-known technical setup. Past behavior does not guarantee future results. The chart above uses synthetic price data generated for illustration — real market behavior varies. Backtest, paper-trade, and size responsibly before risking real capital.