This video is covering the basics of  Elliot Wave Theory and differentiate between the predictive and the reactive action of trading .. 

Elliot Wave is not a tool to predict the market by any meaning but it is actually a tool that  helps  traders  to understand the inner dynamics of the market or what we call it the price behavior .. 

In this video you will have a look about what Elliot said regarding that the market is moving in a 5 Wave pattern with a Correction in different forms ..  and more ..