Short-term bullish impulse completion
Elliott Wave analysis is most powerful when combined with Fibonacci retracement and extension levels. Wave 3 targets are typically 1.618 extensions of Wave 1; corrections often retrace 0.382, 0.5, or 0.618 of the preceding impulse.
Marat often analyzes the intersection of long-term weekly trends and short-term daily setups to provide context. Marat’s Top Wave Counts: A 2026 Review elliott wave count marat review top
Labeling Marat as a "scam" is too harsh. He does provide high-quality charting, clear labels, and a disciplined divergence framework. However, the search implies traders suspect he over-promises.
Divergence (price making a higher high while RSI makes a lower high) is a warning of a potential reversal, not a signal of an immediate top. In strong bull markets (2023-2024), RSI can remain diverged for months. Marat treats divergence as a timing tool, which it is not. Markets can remain diverged longer than you can remain solvent. Marat’s Top Wave Counts: A 2026 Review Labeling
His most famous (or infamous) mantra is that the is ending. Consequently, his daily analysis often features:
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: Critics argue that wave counts can be highly subjective ; two different analysts may see two completely different counts on the same chart.
The biggest challenge with Elliott Wave is its subjectivity. Different analysts often label the same chart differently because every observer sees formations through their own lens of experience and bias. However, to remain credible, analysts must adhere to the three "Golden Rules" of the theory: