The Handbook of Technical Analysis + Test Bank_ The Practitioner\'s Comprehensive Guide to Technical Analysis ( PDFDrive )

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Basic Elliott Wave Analysis


■ (^) Flat – X – Flat –X – Zigzag
■ (^) Flat – X – Flat – X – Triangle
■ (^) Flat – X – Zigzag –X – Flat
■ (^) Flat – X – Zigzag –X – Triangle
■ (^) Flat – X – Zigzag –X – Zigzag
■ (^) Zigzag – X – Zigzag – X – Zigzag
■ (^) Zigzag – X – Zigzag – X – Flat
■ (^) Zigzag – X – Zigzag – X – Triangle
■ (^) Zigzag – X – Flat – X – Zigzag
■ (^) Zigzag – X – Flat – X – Flat
■ (^) Zigzag – X – Flat – X – Triangle
See Figure 18.12.
Note that the intervening wave X may unfold as any of the three corrective
patterns. Triangles must never unfold as the first corrective pattern or occur more
than once in a combination.
figure 18.11 Double 3 Corrective Combinations.
figure 18.12 Triple 3 Corrective Combinations.

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