Among others elliott wave is among the most followed disiplin in TA. To cut long story short in elliot wave consits of 3wave up and 2wave down.With various combination of wave structure make this disciple among the hardest but when you get it ur will be the finest analyst in town. For the sake of simplying things there various software meant for culculating the wave structure eg GET, Elliottician ,Elwave simple one PTA.Please understand that I am not selling anything here nor did I endose any of the sofware discribe. For elliotician disciple for KLSE the wave structure as illustrated on the graph. Thank you for Listening.
The chart is courtesy from JF Apex Securities Bhd
