What does Elliott Wave predict?

Elliott Wave predicts the direction, structure, and approximate target of the next price move based on the current wave position. It does not predict exact prices or timing — it forecasts probability-weighted scenarios with explicit invalidation levels.

Elliott Wave produces three types of forecast. First, directional bias: if the current count places us in Wave 3 of an impulse, the bias is strongly bullish (in an uptrend) until Wave 3 completes. Second, structural expectation: after Wave 3 completes, expect a Wave 4 sideways or shallow correction, then a Wave 5 final push. Third, price targets: Fibonacci projections from the wave structure give probable target zones — Wave 3 commonly extends to 1.618× Wave 1, Wave 5 commonly equals Wave 1 or extends 0.618× Waves 1 through 3. What Elliott Wave does not predict: the exact timing of moves, sudden news-driven shocks, or moves that violate the wave structure's invalidation level. Used correctly, the framework gives a probability-weighted map, not a deterministic prediction.

• → Elliott Wave Theory Guide — the 5-3 pattern, rules, Fibonacci, wave degrees
• → How to Count Elliott Waves — 6-step process used on 108 instruments
• → Elliott Wave Fibonacci Guide — the 7 core ratios and how they're applied
• → Rules and Guidelines — the 3 absolute rules + 7 guidelines

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Weekly wave counts on 108 US instruments

Every Monday Artavest publishes fresh wave counts with primary count, alternate count, and explicit invalidation levels.