Bull or Bear, 'This Is My Favorite Elliott Wave Trade Setup'

You can distill all Elliott wave trade setups down to just 4 high-confidence chart patterns. Among those 4, our Commodity Junctures editor Jeffrey Kennedy has an absolute favorite: the 4th wave pullback. Watch Jeffrey explain why he likes this setup so much -- in bull AND in bear markets.

[praveengirotra]

I prefer the wave 3 and the wave C. They are fast and furious 😉

[MattJonesYT]

I agree wave 4 is the best, people say trading on the final wave 5 is the retail wave but I like it because the risk can be defined much more tightly than then other waves which means the RRR is the best, even though the total price distance of the trade is less.

[Caxxiux]

the channel that changed the way i trade...🔥

[omaralikiani]

I have great respect for Elliot Wave International. I have a genuine question in which I hope you can make a video on in the foreseeable future. How did the great RNE apply volume to count the waves and how can we resolve the issue of identifying what degree we are in. Thank you Jeffrey God Bless you.

[beyondthenature]

I believe all depends on the length of wave 1 & wave 4