#ElliottWaveTheory #TechnicalAnalysis #Bitcoin #Google #AAVE #illumination 👋JOIN THE COMMUNITY: http://www.patreon.com/investanswers DISCLAIMER: InvestAnswers does not provide financial, investment, tax, or legal advice. None of the content on the InvestAnswers channels is financial, investment, tax, or legal advice and should not be taken as such; the content is intended only for educational and entertainment purposes. InvestAnswers (James) shares some of his trades as learning examples but they are only relevant to his specific portfolio allocation, risk tolerance & financial expertise, may not constitute a comprehensive or complete discussion of such topics, and should not be emulated. The content of this video is solely the opinion(s) of the speaker who is not a licensed financial advisor or registered investment advisor. Trading equities or cryptocurrencies poses considerable risk of loss. Kindly use your judgment and do your own research at all times. You are solely responsible for your own financial, investing, and trading decisions. Elliott Wave Theory: IA TA Tuesdays(InvestAnswers Technical Analysis) Elliott Wave Theory Trading Secrets featuring Bitcoin, Aave, Google and Illumina 0:00 Intro 0:10 Disclaimer The opinions expressed in the video are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security or investment product. It is only intended to provide education about the financial industry. 1:00 Elliott Wave Theory Market trades in repetitive patterns Can be found in any chart Based on Herd Mentality It is subjective 2:00 Elliott Wave Theory in Simple Terms 5 up 3 down - herd mentality. Divide price action into trends and corrections. Called a 5 3 move. Can be found on any chart. 3:00 Sub Waves Found in Waves 5 up 3 down - herd mentality. Divide price action into trends and corrections. Called a 5 3 move. Can be found on any chart. 4:00 Elliott Wave Theory (in not so simple terms) Cheat sheet here is #1 basic, #2 is clear sign things are ending #3 shows the top #5 are all corrections #6 magic rule is we need wave 3 to be above start of wave 1 7- 10 are all danger signs. 5:00 Elliott Wave Theory (in not so simple terms) Cheat Sheet 6:00 Why I Use Elliott Waves To get a feel for where we are I always liked 3’s and 5’s 7:00 Longer the Time Frame the Better the Signal Elliott Wave Tips Charting Tool TradingView Elliott Wave Charts Bitcoin Since 2017 Bitcoin Over Last Few Months Google & Pitchfork AAVE Illumina 11:00 Elliott clarified that the observed patterns offer no certainty about potential market movements and that they were better used in combination with other technical analysis indicators to identify the best opportunities 12:00 BEWARE: How Accurate is The Elliott Wave Theory? Do not trade on TA Alone. Make sure you take into account all fundamentals.