نقشه راه معامله | تحلیل موج — درس 04 — قوانین الیوت
BigBeluga
مشخصات معامله
قیمت در زمان انتشار:
۶۳,۰۸۳.۶۳
توضیحات
Lesson 4 - The Three Rules of Elliott
Difficulty: (Intermediate)
Wave analysis has a reputation for being subjective. It does not have to be. Three rules separate a valid count from an invalid one — they will not tell you where price is going, but they can tell you when your count is wrong, and they tell you early.
One impulse, three rules, three levels. Everything in this lesson comes down to the horizontal lines on this chart — the prices that decide whether a count is still alive.
The same two levels on a real downward impulse, simply flipped: Wave 2 cannot break above the start of Wave 1, and Wave 4 cannot break above the Wave 1 low. Both held here, and the count stayed valid all the way into Wave 5. The rules work identically in both directions.
🔵 QUICK RECAP FROM LESSON 3
Impulses drive the trend in five waves. Corrections pause it in three, taking the shape of a zigzag, a flat or a triangle.
So far we have been describing structures. This lesson gives you something different — a way to test them.
🔵 1. RULES VERSUS GUIDELINES
Elliott's framework contains two very different kinds of statement, and mixing them up is one of the fastest ways to get lost.
- Guidelines are tendencies — alternation, channeling, Wave 3 often being the extended wave. They hold often enough to be useful, but a count does not die when one of them fails.
- Rules are absolute inside the model. If one is broken, the count is not a valid impulse and has to be relabeled. There are only three.
Three rules is a short list, and that is what makes them useful. They are quick to check, and they are the only part of wave analysis that gives you a clean yes or no.
🐳 Pro Tip: Guidelines help you choose between two valid counts. Rules remove counts from the table entirely. Apply the rules first.
🔵 2. RULE ONE — WAVE 2 CANNOT RETRACE ALL OF WAVE 1
Wave 2 may retrace a large portion of Wave 1 — 50%, 61.8%, sometimes 78.6% or deeper. What it cannot do, under the rules, is trade beyond the point where Wave 1 began.
If price passes that level, whatever you labeled as Waves 1 and 2 was something else.
- The starting point of Wave 1 is a fixed, objective level
- Deep Wave 2 retracements are common and are not a problem by themselves
- Only a move past the origin invalidates the count
Wave 2 pulled back hard — deep enough to shake out many of the early entries — but held above the level where Wave 1 began (dashed line). The count survived, and Wave 3 followed. Had price traded below that line, this would not have been a Wave 2 at all.
🐳 Pro Tip: This rule gives you the cleanest invalidation level in wave analysis. Traders structuring an idea around a developing Wave 3 often use the start of Wave 1 to define where that idea would no longer be valid.
🔵 3. RULE TWO — WAVE 3 IS NOT THE SHORTEST
Among Waves 1, 3 and 5, Wave 3 cannot be the shortest in price terms.
Note the exact wording. The rule does not say Wave 3 must be the longest — although it often is. It says Wave 3 cannot be the shortest of the three. Wave 5 may extend beyond it and the count remains valid.
- Measure all three waves in price, not in time or in candles
- Wave 3 being the longest is a guideline, not the rule
- If a count leaves Wave 3 as the shortest of the three, the labels need to move
The three motive legs measured side by side. Wave 3 is comfortably the largest here, but the rule only requires that it not be the smallest — a distinction that matters whenever Wave 5 extends.
🐳 Pro Tip: While Wave 3 is still developing you cannot fully apply this rule yet — there is only one completed leg to compare against. It becomes a live test once Wave 5 is underway.
🔵 4. RULE THREE — WAVE 4 DOES NOT ENTER WAVE 1 TERRITORY
The end of Wave 4 should not overlap the price area covered by Wave 1. In an upward impulse that means the low of Wave 4 stays above the high of Wave 1, and the reverse in a downward impulse.
This is the rule that breaks the most beginner counts, and it is the one most worth drawing on your chart.
- Mark the high of Wave 1 with a horizontal line as soon as Wave 1 completes
- That line becomes the boundary Wave 4 needs to respect
- If Wave 4 trades through it, the structure is more likely a correction or a diagonal than the impulse you assumed
There is a recognised exception: diagonals — the wedge-shaped structures that can appear in Wave 1 or Wave 5 — allow overlap between Waves 1 and 4. We cover them properly in a later lesson. For a standard impulse, treat the rule as binding.
The line drawn at the Wave 1 high is the whole test. Wave 4 drifted sideways for weeks (arrow) but never came close to that level — the impulse count stayed intact and Wave 5 followed. A move below the line would have meant the count needed rebuilding.
🐳 Pro Tip: Overlap is the clearest structural difference between the two families. Corrections overlap constantly; clean impulses tend not to. When you are unsure which one you are in, check the overlap first.
🔵 5. WHEN A RULE BREAKS
A broken rule is not a failure of your analysis. It is information arriving early, which is what you want from a framework.
When one of the three rules is violated, the usual next steps are:
- Re-check the degree. What you called Wave 3 may be Wave 3 of a smaller degree, or the whole structure may sit one level lower than you assumed.
- Consider a correction instead. Overlapping legs frequently mean you are inside a correction, not an impulse — the shapes from Lesson 3 are the first place to look.
- Consider a diagonal. If the overlap is modest and the structure is wedging, a diagonal may explain it.
- Step back a timeframe. A count that keeps breaking rules on one timeframe is often clearer one degree up.
The traders who struggle most with wave analysis are usually the ones defending a count after a rule has already invalidated it.
🔵 6. TURNING THE RULES INTO A CHECKLIST
Before committing to any impulse count, run the three checks in order:
1. Does Wave 2 stay inside Wave 1's origin?
2. Is Wave 3 not the shortest of Waves 1, 3 and 5?
3. Does Wave 4 stay clear of Wave 1's territory?
Three yes answers mean the count is permitted — not that it is correct, and not that price has to follow it. Any no means the labels move before anything else happens.
The same test applied to a count that fails it. The dashed line sits at the Wave 1 high, and the wave labeled 4 (arrow) traded far below it — deep inside Wave 1 territory. Outside a diagonal, that overlap means this is not a valid impulse, however convincing the shape looks. The labels need to move.
🐳 Pro Tip: Writing the three invalidation levels directly on the chart as horizontal lines turns a wave count from an opinion into something you can check at a glance.
🔵 COMMON MISTAKES
- Reading Rule 2 as "Wave 3 must be the longest" and discarding valid counts with an extended Wave 5
- Measuring waves by candle count or duration instead of price
- Allowing a small Wave 4 overlap "because it is close enough"
- Applying the diagonal exception to a structure that is not wedging
- Moving the labels after a level breaks, to keep the original story alive
🔵 QUICK SELF-CHECK
- State all three rules from memory, in the correct wording
- Explain why Rule 2 is not the same as "Wave 3 is the longest"
- Draw the three invalidation levels on a live chart of your choice
- Find one chart where a rule is broken and suggest what the structure might be instead
🔵 WHAT IS NEXT
Lesson 5 — Wave Personality: the rules tell you whether a count is allowed. Personality tells you whether it feels right. We go through the character of each wave from 1 to 5 and A to C — sentiment, participation, and how each one typically behaves.
Drop a comment: which of the three rules has saved you from a bad count — or caught you out?
Full Trading Roadmap | Wave Analysis Course
Trading Roadmap | Wave Analysis · Lesson 01 — Wave Analysis Foundations
Trading Roadmap | Wave Analysis · Lesson 02 — Impulse Waves (5-Wave Structure)
Trading Roadmap | Wave Analysis · Lesson 03 — Corrective Waves (A-B-C)
Best Regards, BigBeluga 🐳
Difficulty: (Intermediate)
Wave analysis has a reputation for being subjective. It does not have to be. Three rules separate a valid count from an invalid one — they will not tell you where price is going, but they can tell you when your count is wrong, and they tell you early.
One impulse, three rules, three levels. Everything in this lesson comes down to the horizontal lines on this chart — the prices that decide whether a count is still alive.
The same two levels on a real downward impulse, simply flipped: Wave 2 cannot break above the start of Wave 1, and Wave 4 cannot break above the Wave 1 low. Both held here, and the count stayed valid all the way into Wave 5. The rules work identically in both directions.
🔵 QUICK RECAP FROM LESSON 3
Impulses drive the trend in five waves. Corrections pause it in three, taking the shape of a zigzag, a flat or a triangle.
So far we have been describing structures. This lesson gives you something different — a way to test them.
🔵 1. RULES VERSUS GUIDELINES
Elliott's framework contains two very different kinds of statement, and mixing them up is one of the fastest ways to get lost.
- Guidelines are tendencies — alternation, channeling, Wave 3 often being the extended wave. They hold often enough to be useful, but a count does not die when one of them fails.
- Rules are absolute inside the model. If one is broken, the count is not a valid impulse and has to be relabeled. There are only three.
Three rules is a short list, and that is what makes them useful. They are quick to check, and they are the only part of wave analysis that gives you a clean yes or no.
🐳 Pro Tip: Guidelines help you choose between two valid counts. Rules remove counts from the table entirely. Apply the rules first.
🔵 2. RULE ONE — WAVE 2 CANNOT RETRACE ALL OF WAVE 1
Wave 2 may retrace a large portion of Wave 1 — 50%, 61.8%, sometimes 78.6% or deeper. What it cannot do, under the rules, is trade beyond the point where Wave 1 began.
If price passes that level, whatever you labeled as Waves 1 and 2 was something else.
- The starting point of Wave 1 is a fixed, objective level
- Deep Wave 2 retracements are common and are not a problem by themselves
- Only a move past the origin invalidates the count
Wave 2 pulled back hard — deep enough to shake out many of the early entries — but held above the level where Wave 1 began (dashed line). The count survived, and Wave 3 followed. Had price traded below that line, this would not have been a Wave 2 at all.
🐳 Pro Tip: This rule gives you the cleanest invalidation level in wave analysis. Traders structuring an idea around a developing Wave 3 often use the start of Wave 1 to define where that idea would no longer be valid.
🔵 3. RULE TWO — WAVE 3 IS NOT THE SHORTEST
Among Waves 1, 3 and 5, Wave 3 cannot be the shortest in price terms.
Note the exact wording. The rule does not say Wave 3 must be the longest — although it often is. It says Wave 3 cannot be the shortest of the three. Wave 5 may extend beyond it and the count remains valid.
- Measure all three waves in price, not in time or in candles
- Wave 3 being the longest is a guideline, not the rule
- If a count leaves Wave 3 as the shortest of the three, the labels need to move
The three motive legs measured side by side. Wave 3 is comfortably the largest here, but the rule only requires that it not be the smallest — a distinction that matters whenever Wave 5 extends.
🐳 Pro Tip: While Wave 3 is still developing you cannot fully apply this rule yet — there is only one completed leg to compare against. It becomes a live test once Wave 5 is underway.
🔵 4. RULE THREE — WAVE 4 DOES NOT ENTER WAVE 1 TERRITORY
The end of Wave 4 should not overlap the price area covered by Wave 1. In an upward impulse that means the low of Wave 4 stays above the high of Wave 1, and the reverse in a downward impulse.
This is the rule that breaks the most beginner counts, and it is the one most worth drawing on your chart.
- Mark the high of Wave 1 with a horizontal line as soon as Wave 1 completes
- That line becomes the boundary Wave 4 needs to respect
- If Wave 4 trades through it, the structure is more likely a correction or a diagonal than the impulse you assumed
There is a recognised exception: diagonals — the wedge-shaped structures that can appear in Wave 1 or Wave 5 — allow overlap between Waves 1 and 4. We cover them properly in a later lesson. For a standard impulse, treat the rule as binding.
The line drawn at the Wave 1 high is the whole test. Wave 4 drifted sideways for weeks (arrow) but never came close to that level — the impulse count stayed intact and Wave 5 followed. A move below the line would have meant the count needed rebuilding.
🐳 Pro Tip: Overlap is the clearest structural difference between the two families. Corrections overlap constantly; clean impulses tend not to. When you are unsure which one you are in, check the overlap first.
🔵 5. WHEN A RULE BREAKS
A broken rule is not a failure of your analysis. It is information arriving early, which is what you want from a framework.
When one of the three rules is violated, the usual next steps are:
- Re-check the degree. What you called Wave 3 may be Wave 3 of a smaller degree, or the whole structure may sit one level lower than you assumed.
- Consider a correction instead. Overlapping legs frequently mean you are inside a correction, not an impulse — the shapes from Lesson 3 are the first place to look.
- Consider a diagonal. If the overlap is modest and the structure is wedging, a diagonal may explain it.
- Step back a timeframe. A count that keeps breaking rules on one timeframe is often clearer one degree up.
The traders who struggle most with wave analysis are usually the ones defending a count after a rule has already invalidated it.
🔵 6. TURNING THE RULES INTO A CHECKLIST
Before committing to any impulse count, run the three checks in order:
1. Does Wave 2 stay inside Wave 1's origin?
2. Is Wave 3 not the shortest of Waves 1, 3 and 5?
3. Does Wave 4 stay clear of Wave 1's territory?
Three yes answers mean the count is permitted — not that it is correct, and not that price has to follow it. Any no means the labels move before anything else happens.
The same test applied to a count that fails it. The dashed line sits at the Wave 1 high, and the wave labeled 4 (arrow) traded far below it — deep inside Wave 1 territory. Outside a diagonal, that overlap means this is not a valid impulse, however convincing the shape looks. The labels need to move.
🐳 Pro Tip: Writing the three invalidation levels directly on the chart as horizontal lines turns a wave count from an opinion into something you can check at a glance.
🔵 COMMON MISTAKES
- Reading Rule 2 as "Wave 3 must be the longest" and discarding valid counts with an extended Wave 5
- Measuring waves by candle count or duration instead of price
- Allowing a small Wave 4 overlap "because it is close enough"
- Applying the diagonal exception to a structure that is not wedging
- Moving the labels after a level breaks, to keep the original story alive
🔵 QUICK SELF-CHECK
- State all three rules from memory, in the correct wording
- Explain why Rule 2 is not the same as "Wave 3 is the longest"
- Draw the three invalidation levels on a live chart of your choice
- Find one chart where a rule is broken and suggest what the structure might be instead
🔵 WHAT IS NEXT
Lesson 5 — Wave Personality: the rules tell you whether a count is allowed. Personality tells you whether it feels right. We go through the character of each wave from 1 to 5 and A to C — sentiment, participation, and how each one typically behaves.
Drop a comment: which of the three rules has saved you from a bad count — or caught you out?
Full Trading Roadmap | Wave Analysis Course
Trading Roadmap | Wave Analysis · Lesson 01 — Wave Analysis Foundations
Trading Roadmap | Wave Analysis · Lesson 02 — Impulse Waves (5-Wave Structure)
Trading Roadmap | Wave Analysis · Lesson 03 — Corrective Waves (A-B-C)
Best Regards, BigBeluga 🐳
منتخب سردبیر
مشاهده بیشتردستیار هوشمند ارز دیجیتال
ترمینال ترید بایتیکل نرمافزار جامع ترید و سرمایهگذاری در بازار ارز دیجیتال است و امکاناتی مانند دورههای آموزشی ترید و سرمایهگذاری، تریدینگ ویو بدون محدودیت، هوش مصنوعی استراتژی ساز ترید، کلیه دادههای بازارهای مالی شامل دادههای اقتصاد کلان، تحلیل احساسات بازار، تکنیکال و آنچین، اتصال و مدیریت حساب صرافیها و تحلیلهای لحظهای را برای کاربران فراهم میکند.
