Elliott Wave pattern
Zigzag
A zigzag is a sharp, three-wave corrective pattern, labeled A-B-C. Wave A is always an impulse or leading diagonal, and wave C is always an impulse or ending diagonal.
Wave B is always a corrective wave, that is zigzag, flat, triangle or combination. Therefore, we call the zigzag a 5-3-5 structure
In a zigzag, wave B can never go beyond the start of wave A, and wave C almost always goes beyond the end of wave A. If wave C does not go beyond the end of wave A, it is called a truncated wave C. Zigzag corrections can take the form of one, two, or three zigzags. Three zigzags appear to be the limit.
zigzags A zigzag is a simple three-wave correction that subdivides into wave A (five waves), wave B (three waves), and wave C (five waves)
Zigzag
A zigzag is a sharp, three-wave corrective pattern, labeled A-B-C. Wave A is always an impulse or leading diagonal, and wave C is always an impulse or ending diagonal.
Wave B is always a corrective wave, that is zigzag, flat, triangle or combination. Therefore, we call the zigzag a 5-3-5 structure
In a zigzag, wave B can never go beyond the start of wave A, and wave C almost always goes beyond the end of wave A. If wave C does not go beyond the end of wave A, it is called a truncated wave C. Zigzag corrections can take the form of one, two, or three zigzags. Three zigzags appear to be the limit.
zigzags A zigzag is a simple three-wave correction that subdivides into wave A (five waves), wave B (three waves), and wave C (five waves)
