Stacking wave counts, retracements, and median lines

A stacked reading of one swing

The editorial aim of this article is to teach one live map of a swing. A wave label names the chapter, a Fibonacci grid measures how far that chapter can run, and a median-line pitchfork frames the path.

The archive itself is a historical workflow. Wave-and-ratio techniques are layered onto candle reading and basic price-pattern work after that simpler layer is already in use.

What each layer is for

An Elliott wave count is a labeled sequence of impulsive and corrective swings used to hypothesize which part of a larger price move is underway and where a reversal may form. An impulse-wave is a directional swing that advances the larger trend inside that count. A correction-wave is a counter-trend swing that interrupts an impulse sequence and is counted as a pause rather than a new trend. In the archive workflow, those impulse-wave and correction-wave counts are used to look for reversal conditions.

A Fibonacci retracement is a set of ratios drawn across a completed swing to mark where a pullback may stall or a later price target may sit. The archive uses those retracements on the chart to project price targets and to anticipate later swings.

A median line is a three-point pitchfork whose center line and parallels frame the expected path of a trend and the zones where price may stall or reverse. A pitchfork is grouped with rectangles and price retracements as a basic geometric method for projecting targets.

Order of work in the archive

Fibonacci targets and retracements, together with counts of impulse and correction waves, are named as the principal advanced techniques in the stack. They are not the first pass. The wave-and-ratio layer is added only after candle reading and basic price-pattern work are already in use.

An earlier advanced chapter reused the same timespan as the basic-analysis chapter so the two layers could be compared on identical bars. The closing installment then applies Fibonacci retracements and Elliott wave counts to a later market window than the earlier examples, rather than to a single selected stretch of price history. Because that later window is shown, the stack is presented as a map that can be drawn again, not as a reading locked to one chosen stretch.

When a trade idea is accepted

Combination, as used here, means using wave structure, Fibonacci ratios, and a median-line channel together so a trade idea is accepted only when more than one of those maps agrees. Agreement is the filter. A lone wave label, a lone retracement, or a lone pitchfork is not enough.