Wave 3 is usually the longest and strongest wave of an Elliott impulse, so its start is one of the most watched entry points. This screen lists stocks on European exchanges where wave 1 has risen from at least a 64-bar low, wave 2 has pulled back without falling below the start of wave 1, the wave 2 low was set within the last 7 bars, and the price has turned up from it while wave 3 has not formed a peak yet. Closing prices are used, and swing points are confirmed by 7 bars on each side. The count is invalid if the price falls below the start of wave 1, which traders often use as the stop level; a common wave 3 target is 1.618 times the length of wave 1, measured from the wave 2 low. Because these signals are rare, the list includes all stocks on European exchanges, with no price or liquidity filter.
