Alternation in Elliott Wave Structures
Image: Alternation between sharp single zigzag in wave 2 and complex sideways structure in wave 4 Elliott Wave patterns tend […]
Complex Sideways Corrections
Complex sideways combinations are corrective structures that create prolonged, overlapping, and range-bound price action.Note: Complex zigzag combinations are covered in
Flats
Rules All flat corrections consist of three waves, labeled A, B, and C. Waves A and B must subdivide into
Triangles
Rules All triangles consist of five corrective waves, labeled A, B, C, D, and E. A triangle can only appear
Impulses
Rules An impulse consists of five internal waves. Waves 1 and 5 must always be either impulses or diagonals, while
Zigzag
Rules A zigzag is a corrective pattern composed of three waves, labeled A, B, and C. Wave A must unfold
Diagonals
Rules All diagonals consist of five waves. Diagonals can be either leading or ending, depending on whether they form at