ELLIOTT WAVE MASTERY COURSE | MODULE 1 COMPLETE | DAY 6 MODULE 1 REVIEW: Foundations Mastered You now understand the foundations of Elliott Wave Theory. DAYS COMPLETED: Day 1: What Is Elliott Wave Day 2: The 5-3 Structure Day 3: Wave Degrees Day 4: Cardinal Rules Day 5: Wave Personalities Day 6: Module Review 6 Days Done | 24 Slides Learned | 10% Course Progress CORE CONCEPTS RECAP: WHAT IS ELLIOTT WAVE Markets move in repeating wave patterns driven by crowd psychology. Created by Ralph Nelson Elliott. THE 5-3 STRUCTURE Five motive waves build the trend, three corrective waves pull it back. Eight waves complete a cycle. WAVE DEGREES Nine degrees from Grand Supercycle to Subminuette. Same pattern is fractal at every scale. CARDINAL RULES Three rules that never break. They validate every count. A broken rule means recount. THE COMPLETE CYCLE: 1-2-3-4-5 then A-B-C THE THREE UNBREAKABLE RULES: 🔹 Wave 2 never retraces beyond the start of Wave 1 🔹 Wave 3 is never the shortest of waves 1, 3, and 5 🔹 Wave 4 never enters the price territory of Wave 1 WAVE PERSONALITIES: 1 Quiet Start | 2 Doubt | 3 Powerhouse | 4 Frustration 5 Euphoria | A Denial | B Trap | C Capitulation The foundation is set. You can now identify the basic wave structure, know the rules that validate a count, and read the personality of each wave. Next we go deep into impulse waves. COURSE PROGRESS - 1/8 MODULES COMPLETE: Module 1: Foundations (Days 1-6) DONE Module 2: Impulse Waves (Days 7-13) UP NEXT Module 3: Corrective Waves Module 4: Fibonacci & Waves Module 5: Wave Rules & Guidelines Module 6: Advanced Patterns Module 7: Trading the Waves Module 8: Mastery & Application UP NEXT - MODULE 2: IMPULSE WAVES Day 7: Impulse Structure Day 8: Wave 1 and 2 Day 9: Wave 3 Deep Dive Day 10+: Extensions and more Foundations done. Now we go deep into the engine of the trend. Next: Day 7 | Impulse Wave Structure #ElliottWave #EWT #TechnicalAnalysis