The book details specific structures like leading and ending diagonals, zigzags, and flats, helping traders identify exactly where a wave is likely to complete.
Techniques for finding stocks with long-term growth potential using wave analysis.
Kumar emphasizes the "psychology" behind each wave. For example, Wave 3 is typically the most powerful, while Wave 5 often shows signs of exhaustion. Understanding these behaviors helps traders confirm their wave counts. The book details specific structures like leading and
The book by Deepak Kumar is a specialized guide designed to transform the often-abstract Elliott Wave Theory (EWT) into a functional trading framework. First released in 2014 and significantly revised in 2021, the book focuses on actionable techniques for modern markets—including stocks, currencies, and cryptocurrencies—while stripping away the philosophical fluff found in older texts. Core Pillars of the SweeGlu Approach
This serves as the foundation. Without understanding where the current price sits within the 5-wave motive and 3-wave corrective cycle, an analyst cannot accurately predict the next move. For example, Wave 3 is typically the most
These are used to calculate the limits of a move. By using specific projections and retracements, traders can determine low-risk entry ranges, precise stop-losses, and minimum targets. Practical Trading Strategies
Kumar advises applying EWT to spot/cash prices rather than futures or options, as premium fluctuations in derivatives can skew wave accuracy. Accessing the Book and Resources Deepak | PDF - Scribd First released in 2014 and significantly revised in
Guidance on selecting the most suitable timeframes to avoid "noise" and increase accuracy.