đź“Ť Part 4. Corrective Waves- Simple Zigzags - Sharp Corrections.
Telah dikemas kini
👩🏻‍💻Welcome to the 4th lecture on Elliott Waves!
➡️In this lecture, we will start discussing the variations for corrective movements. Let's begin with the simplest one - it's zigzags.
➡️By correction, we mean the construction "ABC" after an impulse. This reminds us of a zigzag, hence the name. Also, we can encounter it in each corrective wave, that is, "2" and "4" - it's the simplest and most common form of correction.
➡️As you recall from previous lectures, for waves "A" and "C," there are variations in the form of Leading and Ending Diagonals, and the same applies to "B," namely flat, zigzag, triangle, or even a combination, i.e., any three-wave pattern. Here it's worth remembering that wave structure is fractal, and there's no need to be afraid, just like with variations for impulses, namely leading and ending diagonals.
➡️Zigzags can often be embedded into a parallel channel. We've dealt with a simple zigzag. Most likely, your main questions are about variations for "B": flat, zigzag, triangle, or combination. On the cover of the learning materials, you will find the main variations of simple zigzags. Keep and use them!
đź“ŤLet's look at the main rules and guidelines!đź“Ť
đź“ŤGuidelines:đź“Ť
đź“ŤIn a zigzag, wavelength "C" can be equal to wavelength "A".
đź“ŤWave "B" is usually corrected at 38.2% - 78.6% of the length of wave "A".
đź“ŤIf wave "B" is a triangle, is usually corrected at 38,2% - 50% of the length of wave "A".
đź“ŤIf wave "B" is a zigzag, is usually corrected at 50% - 78.6% percent of wave "A".
đź“ŤIn a zigzag, if wave "A" is a leading diagonal, then we would not expect to see an ending diagonal for wave "C".
đź“ŤA line connecting the ends of waves "A" and "C" is often parallel to a line connecting the end of wave "B" and the start of wave "A". (Forecasting guideline: Wave "C" often ends upon reaching a line drawn from the end of wave "A" that is parallel to a line connecting the start of wave "A" and the end of wave "B".)
đź“ŤWaves "A" and "C" within the zigzag often appear in the form of impulses, but more often alternate according to the type of motive waves: if wave "A" is an impulse, expect wave "C" in the form of a diagonal, and vice versa. It is much less common to find waves "A" and "C" in the form of diagonals.
Thank you for your attention! There will be another lecture next week! Don't miss it!
đź””Links to other lessons in related ideas.đź””
➡️In this lecture, we will start discussing the variations for corrective movements. Let's begin with the simplest one - it's zigzags.
➡️By correction, we mean the construction "ABC" after an impulse. This reminds us of a zigzag, hence the name. Also, we can encounter it in each corrective wave, that is, "2" and "4" - it's the simplest and most common form of correction.
➡️As you recall from previous lectures, for waves "A" and "C," there are variations in the form of Leading and Ending Diagonals, and the same applies to "B," namely flat, zigzag, triangle, or even a combination, i.e., any three-wave pattern. Here it's worth remembering that wave structure is fractal, and there's no need to be afraid, just like with variations for impulses, namely leading and ending diagonals.
➡️Zigzags can often be embedded into a parallel channel. We've dealt with a simple zigzag. Most likely, your main questions are about variations for "B": flat, zigzag, triangle, or combination. On the cover of the learning materials, you will find the main variations of simple zigzags. Keep and use them!
đź“ŤLet's look at the main rules and guidelines!đź“Ť
đź“ŤGuidelines:đź“Ť
đź“ŤIn a zigzag, wavelength "C" can be equal to wavelength "A".
đź“ŤWave "B" is usually corrected at 38.2% - 78.6% of the length of wave "A".
đź“ŤIf wave "B" is a triangle, is usually corrected at 38,2% - 50% of the length of wave "A".
đź“ŤIf wave "B" is a zigzag, is usually corrected at 50% - 78.6% percent of wave "A".
đź“ŤIn a zigzag, if wave "A" is a leading diagonal, then we would not expect to see an ending diagonal for wave "C".
đź“ŤA line connecting the ends of waves "A" and "C" is often parallel to a line connecting the end of wave "B" and the start of wave "A". (Forecasting guideline: Wave "C" often ends upon reaching a line drawn from the end of wave "A" that is parallel to a line connecting the start of wave "A" and the end of wave "B".)
đź“ŤWaves "A" and "C" within the zigzag often appear in the form of impulses, but more often alternate according to the type of motive waves: if wave "A" is an impulse, expect wave "C" in the form of a diagonal, and vice versa. It is much less common to find waves "A" and "C" in the form of diagonals.
Thank you for your attention! There will be another lecture next week! Don't miss it!
đź””Links to other lessons in related ideas.đź””
Nota
I'll be posting the next lecture this week! Don't miss it!
âś… Free TELEGRAM channel: t.me/HellenaSignals
🌅 INSTAGRAM: instagram.com/hellena_trader
🌅 INSTAGRAM: instagram.com/hellena_trader
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.