Mento’s reference material strictly adheres to the three cardinal rules of Elliott Wave Theory: never moves beyond the start of Wave 1. is never the shortest impulse wave.
Moves against the direction of the main trend. The 5-Wave Motive Phase elliott wave cheat sheet mento pdf patched
An effective cheat sheet will help you visualize the following, often referred to as the 5-3 structure: 1. The Impulse Waves (1-2-3-4-5) Mento’s reference material strictly adheres to the three
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Once Wave 3 breaks the peak of Wave 1, move your Stop-Loss to break even. Take partial profits at the 161.8% Fibonacci extension level.