GKFXPrimeJiekai Finance: Like to drive the market? Teach you how to grasp the driving waves in wave theory

For every trader who uses Elliott wave theory to construct trading strategies, the driving wave is the band that maximizes trading profits. If it can be accurately identified in the early stages of the driving wave, then the timing and position of trading entry will definitely be enviable.
What is the driving wave---GKFXPrime
The explanation of the driving wave in Elliott's wave theory is that the driving wave is finely divided into five waves, and it always moves in the same direction as the trend of the larger wave level. Based on this definition, can we see all the driving waves in the wave period chart below?

(1)(3)(5)The internal structure of these three bands can be finely divided into5Waves, and they all move upwards along the direction of the larger wave level ①. therefore(1)(3)(5)It's the driving wave.

Many beginners may think that the driving wave is these three digitally labeled bands. But in fact,(A)and(C)Waves are also driving waves, and the internal structure of these two bands can also be finely divided into5Waves, and they all run downwards along the direction of the larger wave level ② waves.
In a market situation, both upward and downward trends are composed of two structures: driving waves and adjusting waves. And the driving wave, as the name suggests, is the wave that drives the development of the market. Adjustment waves are waves that adjust market trends. Therefore,(1)(3)(5)It's the driving wave,(2)and(4)It's about adjusting the waves.(A)and(C)Waves are driving waves,(B)Waves are intermediate adjustment waves.
Driving wave action---GKFXPrime
All you need to do after identifying the driving wave is wait, wait for the adjustment wave to appear and end. After accurately identifying the end point of the adjustment wave, one can enter the market according to their trading strategy and hold positions waiting for a new round of driving waves to emerge.
For example, in the figure2.1In continuous3After the emergence of a bullish candlestick, the market fell into a period of volatile structure. At this point, consider the previous rise as1Waves orAThe structure of waves and consolidation is2Waves orBWaves. What we need to do now is wait for the indicators or bareKProvide us with specific entry trading signals in the structure.

(Figure2.1 GBP USD1Hour chart)

Can see the image2.2A long solid yang appeared in the mid market trendKLine,MACDThe kinetic energy is also starting to cross the zero axis, which means you can enter at any time, hold positions and wait for a new driving wave to begin, with stop loss placed at this rootKThe position of the low point of the line.

(Figure2.2 GBP USD1Hour chart)

The following market trend is as shown in the analysis, with the pound continuously rising, confirming that this rise is the driving wave1、3、5. wave5The internal structure is complete andMACDThe momentum column begins to decay, at which point traders can choose to close their positions and leave the market.

(Figure2.3 GBP USD1Hour chart)

The above trading cases tell us how to drive the wave of trading. In actual trading, trading strategy is never the most important, what is important is a good mentality and patient waiting. Waiting for the market to emerge, waiting for the increase in holding profits. Even if it's a stop loss, don't panic. Remember, after improving your own abilities, as long as the gun (trading strategy) is not a problem, the next shot (next order) will definitely hit the target (profit).