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42 Elliott Wave and Zigzag (5-3-5)

mardi 11 février 2020
42 Elliott Wave and Zigzag (5-3-5)

A single zigzag in a bull market is a simple three-wave declining pattern labeled A-B-C. The subwave sequence is 5-3-5, and the top of wave B is noticeably lower than the start of wave A, as illustrated in Figures 1-22 and 1-23.

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In a bear market, a zigzag correction takes place in the opposite direction, as shown in Figures 1-24 and 1-25. For this reason, a zigzag in a...

42 Elliott Wave and Zigzag (5-3-5)


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