ELLIOTT WAVE MASTERY COURSE: MODULE 4 COMPLETE | DAY 26
MODULE 4 REVIEW: Fibonacci and Waves Mastered
You can now measure waves with Fibonacci precision.
DAYS COMPLETED:
Day 21: Fibonacci Basics
Day 22: Retracements
Day 23: Extensions
Day 24: Projections
Day 25: Time
Day 26: Review
26 Days Done | 104 Slides Learned | 45% Course Progress
CORE CONCEPTS:
FIBONACCI BASICS: The sequence generates ratios. 1.618 is the Golden Ratio that governs wave relationships.
RETRACEMENTS: Measure pullbacks. Used for entries. The 61.8 percent level is the most important.
EXTENSIONS: Project targets. Used for exits. Wave 3 commonly extends to 1.618x of Wave 1.
PROJECTIONS & TIME: Combine ratios into clusters. Add time zones to forecast when turns happen.
THE KEY LEVELS:
🔹 Retracements: 38.2% / 50% / 61.8% / 78.6%
🔹 Extensions: 127.2% / 161.8% / 261.8%
THE WAVE RATIOS (MEMORIZE):
🔹 Wave 2 retraces Wave 1: 0.5 - 0.618
🔹 Wave 3 extends Wave 1: 1.618
🔹 Wave 4 retraces Wave 3: 0.382
🔹 Wave 5 equals Wave 1: 1.0
🔹 Wave C relates to Wave A: 1.0 or 1.618
Fibonacci mastered. You can now measure pullbacks, project targets, build clusters, and add time. Next we lock in the full set of wave rules and guidelines.
COURSE PROGRESS - 4/8 MODULES COMPLETE:
🔸 Module 1: Foundations DONE
🔸 Module 2: Impulse Waves DONE
🔸 Module 3: Corrective Waves DONE
🔸 Module 4: Fibonacci & Waves DONE
🔸 Module 5: Wave Rules & Guidelines UP NEXT
🔸 Module 6: Advanced Patterns
🔸 Module 7: Trading the Waves
🔸 Module 8: Mastery & Application
UP NEXT - MODULE 5: RULES AND GUIDELINES
Day 27: The 3 Rules
Day 28: Alternation
Day 29: Channeling
Day 30+: Equality and more
Fibonacci locked in. Now we master the rules that tie it all together.
Next: Day 27 | The 3 Rules
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