⚡ Trade Setups

5 concrete Elliott Wave setups as strategy cards: wave-3 long, wave-C reversal, triangle breakout, diagonal termination, Fibonacci confluence.

1. ⚡ The 5 Wave Trading Setups at a Glance

All five setups are based on the Elliott Wave structure. They are stored as strategy cards in the platform and can be linked directly to your trades in the trading journal.

Setup	Type	Risk	Wave position
Wave-3 Long	Trend entry	⭐⭐⭐	End of Wave 2 (entry into Wave 3)
Wave-C Reversal	Counter-trend	⭐⭐⭐⭐	End of Wave C (ABC completion)
Triangle Breakout	Trend entry	⭐⭐⭐	End of Wave E (Wave 4 or B)
Diagonal Termination	Reversal	⭐⭐⭐⭐	End of an ending diagonal (Wave 5 or C)
Fibonacci Confluence	Precision entry	⭐⭐⭐	Variable — at confluence zones

⚠️ Risk note: All setups require a clear invalidation level as a stop-loss. Without a defined stop, no Elliott Wave setup is a valid trade.

2. 📋 Setup Parameters: Entry, Stop, Target, Invalidation

Every setup has four mandatory parameters that must be defined before the trade:

Entry: Concrete price or condition (e.g. break of the Wave-1 high)
Stop: Invalidation level (e.g. Wave-2 low)
Target: Fibonacci extension level (e.g. 161.8% of Wave 1)
Invalidation: What invalidates the wave count (always one of the three main rules)

The full setup logic for all five setups is documented in the strategy cards. In the app navigate to Strategies → Group: Wave Trading.