Courses › BLT | Bank Level Trading
EW5 & EW4 Entry Rules Checklist II
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What this lesson covers
This lesson covers the combined entry, which takes the Elliott wave four entry toward the Elliott wave five exit while entering off a lower timeframe Elliott wave five. The idea is that once you identify a pattern on the lower timeframe there is a larger pattern and a larger wave count containing it, and aligning the two lets you take a lower timeframe entry with a higher timeframe target. The lesson works through the identification of both patterns and how they nest, which is the part that requires care. Done correctly it produces the tight entry of the smaller timeframe with the extended target of the larger one, which is where the best ratios in the method come from.