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Degrees

Elliott Wave DegreesRalph Nelson Elliott acknowledged 9 degrees of waves from the Grand Super Cycle degree which is found in weekly and monthly time frame to the Sub-minute degree which is found in the hourly time frame. He labelled them as below mentioned. 1 Grand Super Cycle 2 Super Cycle 3 Cycle 4 Primary 5 Intermediate 6 Minor 7 Minute 8 Minuette 9 Sub-Minuette It is a good understanding to start applying a wave count to a market from higher degree to all the way lower degree which you want to trade. you need to first learn about the labeling of wave degrees. Elliott Wave is a very helpful to understand the charts of any assets. the waves from the main degree are subdivided into intermediate waves which also subdivided into minor waves and the minor waves are also subdivided into minutes waves and then to sub-minutte waves, each degree of waves consists of one full cycle of motive and corrective waves. each degree of trend is labelled with a different style of label for a better understanding. If you want to trade in 4H so then you will look for and count the monthly, weekly and the daily charts is will. Hope you understand the concept of wave degrees.
Education
by TheLoserMan
Assigning Elliott Wave DegreesDid you know that you're able to change the labeling of the degree of a wave when drawing Elliott Waves? Elliott Wave Degree labels assist in the identification of the fractal patterns of Elliott Waves. These degrees are used for both motive and corrective waves (though only motive waves are labeled here). Each of the degrees have a standardized notation that indicates the degree of the wave, allowing the user to identify them more easily. While the different degrees of waves can be applied however someone would like on a chart, the order and length of time for degrees that are most often used from largest to smallest are: Grand supercycle: multi-century Supercycle: multi-decade Cycle: one to multiple years Primary: months to years Intermediate: weeks to months Minor: weeks Minute: days Minuette: hours Subminuette: minutes **Times associated with degrees are approximate** There are six more degrees that are used less often due to the extremely high and low time frames, they are: Supermillennium, Millennium, Submillenium, Micro, Submicro and Miniscule. In order to change the degree of the Elliott Wave, simply Double-click on the drawn wave, or select it and click the settings gear in the toolbar Go to Style Select desired degree from the dropdown Thats it! How often do you use Elliott Waves in your analysis?
BITSTAMP:ETHUSDEducation
by TradingView
95
Historical Time by Degree Bitcoin CyclesThis kind of analysis is not easy to visualize. Basically you can see the 22.5,30,45,60 & 90deg cycles (within a ten year cycle) forming over time here. When the cycles meet there are big moves. Starting date is a bit unclear, I began 45 deg previous to the top of the june 2011 bubble. Could move earlier to june 2010 bubble if I had that kind of data available. I THINK this is the furthest back a tradingview chart can go back with bitcoin, if not please enlighten me. According to this chart, we will see a major bottom March 2020. I would avoid going all in until after this date. (obviously this chart is a bit rough as I cannot enter decimals of daily bars when placing these cycle tools)
BNC:BLX
by joe.dodaro
4
USOIL potential movesThe price should decline even further with a potential leg up without touching the trendline in order to complete the 5 waves and the bearish crab formation. These conditions, with continuous divergence on the MACD, will provide better probabilities for the down move and even more pips to cover, since it will be of different degree. 1) Never risk more than 2% of your account. 2) Try to be emotionless by applying your strategy to the pip. 3) Invest to yourself and then your capital. Try to educate yourself along with the signals and enhance your risk intelligence and your perception on how Markets work. 4) You do not have to be extremely precise to be highly profitable as long as you take the set-ups with big R/R.
TVC:USOILShort
by InvstingWise
(1h) Wait for confirmation! Then proceed to ride that pip wave. Trading is a game of probabilities, not certainties. The AUDUSD has been a headache for most Elliott Wave Theory traders. But we're about to get confirmation on whether we'll see an Intermediate or Minor Wave degree impulse or the beginning of the Primary Wave degree correction. Sounds complicated? Let me simplify: Just wait for the long candle stick that will either confirm the breakout or bounce from the 0.5's fib retracement. In case it does breakout, it will definitely retrace near the 0.618 fib retracement. I've made a crude estimate of the dual possibilities by multiplying the odds of different fib retracements from different timespan (weekly, daily, hourly) wave structures. I've also placed in factor the good economic indicators from the US' economy released on this past week as it will surely have influence over the continued bullish movement for the DXY
by CarlosBMN
2