A lot of people don't know that there are existing modifications/enhancements for R. N. Elliott's original Wave Principle.
One I've been studying and applying for a while is "Harmonic" Elliott Wave.
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The primary difference between original Elliott Wave & Harmonic Elliott Wave is the impulsive sequence.
Ian Copsey, the creator of HEW, modified Elliott's original impulsive structure believing he found a "harmonic" pattern between waves.
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As you can see, the impulse sequence in HEW consists of two impulses linked by a correction labeled as "ABC". That, in turn, completes one single Wave 1,3, or 5.
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There are three main key advantages this method provides:
- More precise target clusters.
- More insight into extended moves since there are no such things in this method.
- No leading/ending diagonals.
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Extended moves:
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Targetting
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Target Clusters
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Rules:
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Common Retracements:
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Common Extensions
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You can find more insight into Harmonic Elliott Wave in Ian Copsey's Book
"Harmonic Elliott Wave: The Case for Modification of R. N. Elliott's Impulsive Wave Structure"
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