Elliott Wave Cheat Sheet Mento Pdf Patched Hot! May 2026

The Elliott Wave - Wave Pattern Cheat Sheets by C. Mento is a specialized reference guide designed for technical traders who already have a baseline understanding of Elliott Wave (EW) theory. It acts as a visual dictionary rather than a primary educational textbook. Core Content & Structure

3. The "Mento" Momentum Filter

Do not count waves without checking momentum. Price action without RSI/Volume is just lines.

• Waves 1, 3, and 5 are impulse waves, which move in the direction of the trend.
• Waves 2 and 4 are corrective waves, which move against the trend.
• Wave 6 is not a part of the basic Elliott Wave sequence, but it is often used to describe a second corrective wave.
• Wave 7 is not a part of the basic Elliott Wave sequence, but it is often used to describe a third corrective wave.

You can find the official version or summaries of this specific resource on several platforms:

Corrective Waves (A-B-C): Outlines the 3-wave counter-trend movements. Essential Rules: Wave 2 never retraces more than 100% of Wave 1. Wave 3 is never the shortest of the three impulse waves. Wave 4 does not enter the price territory of Wave 1.

• Label it as "WXY" (Double Three correction).
• Walk away.
• Come back when price breaks the channel drawn from W0 to W3.

Rule 2: Wave 3 can never be the shortest of the three motive waves (Waves 1, 3, and 5).