KomFi. Academy

Degree

Elliott Wave Theory glossary · Complex Corrections & Combination Logic

Definition

The hierarchical level of a wave within the fractal structure. Standard degrees range from Grand Supercycle (centuries) to Sub-Minuette (minutes).

Degree in plain English

A market chart looks the same whether you zoom way out to decades or way in to minutes — small wave patterns nest inside bigger ones that nest inside even bigger ones, like a set of Russian nesting dolls. 'Degree' is just the label for which size level a wave belongs to, from the enormous Grand Supercycle that plays out over centuries down to the tiny Sub-Minuette that unfolds in minutes. Naming the degree keeps analysts from mixing up a small ripple with a giant ocean swell when they're both on the same chart.

Learn these first

Practice Degree

What does “wave degree” describe in Elliott Wave analysis?

Sign up free: all 115 Elliott Wave Theory terms as flashcards, plus practice questions with full explanations →

Related Elliott Wave Theory terms

Elliott Wave Theory practice questions · Elliott Wave Theory flashcards · Elliott Wave Theory study guide