This is the most important concept: A wave 1 in a multi-year cycle is composed of its own set of 5 smaller sub-waves on a daily chart. That daily wave 1 is composed of 5 minute-chart waves. There is no limit—the pattern repeats from tick charts to century-long economic data.
Theory is useless without execution. Here is a step-by-step plan to apply this full course to live markets. elliott wave theory full course