How to Capitalize on Diagonals’ Potential for Dramatic Reversals By Elliottwave International
When I see a diagonal, my pulse starts to quicken and I become very, very focused.
You should, too.
I’m Jeffrey Kennedy, EWI’s Trader’s Classroom editor and the instructor for this July 22 webinar.
I’m excited about this webinar because, to be honest, it’s hard to think of an Elliott pattern that has greater potential than the diagonal.
And the diagonal pattern is pretty easy to spot, once you know what to look for.
But the main point is that diagonals are a terrific pattern because they:
- Help you define and limit your risk very narrowly, and
- Offer tremendous potential.
In fact, I’d call the diagonal the single Elliott pattern with the most potential for a surprising and dramatic reversal move.
What You Get
In this webinar, I’ll focus on the basics, but I’ll dig deeper too. I’ll show what diagonals are, how to spot them on a price chart, what variations you should expect — and most importantly, why diagonal are a high-probability pattern for fast, sharp market reversals.
I’ll cover all of this on July 22 in our virtual classroom.
When we’re done, you’ll be able to use your new-found knowledge in any liquid market on any timeframe.
Sound good?
On July 22, expect to come away with practical new knowledge
In about 1 hour, you’ll learn:
“What do I look for?” — just what, exactly, should you look for on a price chart? Let me show you an easy way to spot a diagonal
“What does it tell me?” — Diagonals are great at showing when the trend is about to reverse. We’ll look at how to tell when and how far it will go
“Any variations?” — Most diagonals are simple, but some are… well, different. You’ll see how to quickly distinguish one from another
After the course, expect to see this powerful setup more clearly than ever before. So you can act on it with more confidence than ever before.
You’ll learn from today’s real-market charts
I always use real-market, real-time charts in my lessons. Real charts keep things, well, REAL — not just a bunch of theory. Real charts also give us the added benefit of turning up some real-time opportunities!
On July 22, you’ll see charts of individual stocks, possibly a commodity or two, maybe a stock index or an ETF — it just depends on what market helps us deliver the point of the lesson.
As for those new opportunities we’ll probably spot, you can choose to act on them, or simply absorb the trading lesson for your future use.
Bring your questions!
This is my favorite part: At the end of the July 22 webinar, I will answer your questions.
You also get a free recording of our 1-hour webinar, plus the Q&A — so you can review and re-learn on demand.
July 22 Webinar How to Capitalize on Diagonals’ Potential for Dramatic Reversals