Natron's Market IntelStrategy Blog Join NatronFX
Strategy Library / Elliott Wave Blueprint

MNQ Elliott Wave Wave3 Breakout Long 3R

A public playbook for the MNQ Elliott Wave Wave3 Breakout Long 3R Strategy Lab published edge.

21 trades / 52.4% win / 2.15 profit factor / +28.31 avg pts.

MNQ New York 1m Chart Long Setup regime_iwm+first30_close_location=flat+near_high 21 Trades
Get Live Alerts Strategy Hub Join NatronFX
Trades 21 Saved Strategy Lab published edge
Win Rate 52.4% Wins over resolved sample
Profit Factor 2.15 Gross win / gross loss
Total Points +594.50 MNQ points captured
Avg Trade +28.31 Average points per signal
Annotated Setup Chart MNQ / 1m Chart / New York
Annotated MNQ Elliott Wave Wave3 Breakout Long 3R setup chart
Generated setup chart based on saved strategy anatomy and research stats, not a trade recommendation.
Research-backed Real stats Rule based Context filtered Live alert ready

What This Setup Is

An Elliott-style long continuation setup that uses a confirmed impulse, controlled retracement, and Wave 3 break.

Why It Fires

After the first impulse, a controlled retracement can set up the expansion leg. The Wave 3 break confirms long momentum is back in control.

Exact Trigger Checklist

  • Chart: MNQ 1-minute bars during the New York setup window.
  • Build the pattern before entry; do not label it after the move has already worked.
  • Required filter: regime_iwm+first30_close_location=flat+near_high.
  • Go long only after the trigger confirms and acceptance holds.
  • Use the tested 3R model and invalidate below the setup zone.

Good Conditions

  • The impulse and retracement are visible before the trade.
  • The retracement stays inside the tested structure window.
  • The break confirms continuation rather than late chase.
  • The filter bucket agrees with the wave direction.

Avoid Conditions

  • Wave labels only make sense after forcing them onto the chart.
  • The retracement fully invalidates the first impulse.
  • The trigger fires after the expansion leg is already stretched.
  • The market is chopping through overlapping pivots.

Setup Anatomy

Wave sequence chart anatomy for Impulse Step 01
1 Impulse Mark the first confirmed upside impulse.
Retest and reclaim chart anatomy for Retrace Step 02
2 Retrace Wait for a controlled pullback against the impulse.
Channel breakout chart anatomy for Wave 3 Break Step 03
3 Wave 3 Break Go long only when the Wave 3 break confirms.
Alert Readout

Tier 3: MNQ Elliott Wave Wave3 Breakout Long 3R. An Elliott-style long continuation setup that uses a confirmed impulse, controlled retracement, and Wave 3 break. Filter: regime_iwm+first30_close_location=flat+near_high. Research sample: 21 trades, 52.4% win, 2.15 PF, +28.31 avg pts.