đ BEGINNER'S GUIDE: Calculate Waves 1, 2, and 3 with simple math (Example in $AKE )
If you've already read my article about Elliott Waves (link below đ), today we're putting it into practice with AKEUSDT (15m). This timeframe filters out the noise from 1m and lets us measure clean fractal structures today:
1ď¸âŁ Wave 1 (First impulse)
⢠Formula: High - Low
⢠Calculation: 0.013585 - 0.011220 = 0.002365 (total move).
2ď¸âŁ Wave 2 (0.618 retracement)
⢠Formula: High - (Wave 1 à 0.618)
⢠Calculation: 0.013585 - (0.002365 à 0.618) = 0.012123.
⢠Today: Price is consolidating at 0.012142, holding just above that level.
⢠â ď¸ Rule: It must never fall below the start (0.011220), or the count is invalidated.
3ď¸âŁ Wave 3 (1.618 projection)
⢠Formula: Wave 2 low + (Wave 1 à 1.618)
⢠Calculation: 0.012123 + (0.002365 à 1.618) = 0.015950 (theoretical target if a rebound is confirmed).
Note: Strictly educational analysis; this is not financial advice. Always trade with confirmation and risk management.
đ Read the full story of Elliott here: https://app.binance.com/uni-qr/cart/388198975052196?r=XPU7M6ZT&l=es-LA&uco=i5z-PI4aJ5-TLnyHv0dZJg&uc=app_square_share_link&us=copylink
Are the formulas clear? Comment with another pair you'd like us to analyze! đ
#TradingParaPrincipiantes #ondasdeelliott #Fibonacci #AKE #AnalisisTecnico
If you've already read my article about Elliott Waves (link below đ), today we're putting it into practice with AKEUSDT (15m). This timeframe filters out the noise from 1m and lets us measure clean fractal structures today:
1ď¸âŁ Wave 1 (First impulse)
⢠Formula: High - Low
⢠Calculation: 0.013585 - 0.011220 = 0.002365 (total move).
2ď¸âŁ Wave 2 (0.618 retracement)
⢠Formula: High - (Wave 1 à 0.618)
⢠Calculation: 0.013585 - (0.002365 à 0.618) = 0.012123.
⢠Today: Price is consolidating at 0.012142, holding just above that level.
⢠â ď¸ Rule: It must never fall below the start (0.011220), or the count is invalidated.
3ď¸âŁ Wave 3 (1.618 projection)
⢠Formula: Wave 2 low + (Wave 1 à 1.618)
⢠Calculation: 0.012123 + (0.002365 à 1.618) = 0.015950 (theoretical target if a rebound is confirmed).
Note: Strictly educational analysis; this is not financial advice. Always trade with confirmation and risk management.
đ Read the full story of Elliott here: https://app.binance.com/uni-qr/cart/388198975052196?r=XPU7M6ZT&l=es-LA&uco=i5z-PI4aJ5-TLnyHv0dZJg&uc=app_square_share_link&us=copylink
Are the formulas clear? Comment with another pair you'd like us to analyze! đ
#TradingParaPrincipiantes #ondasdeelliott #Fibonacci #AKE #AnalisisTecnico
