(Elliot Wave ) How to find ZIG ZAG correction in Current chart
GABRIEL INDIA
--> Daily chart Zig Zag patterns formation
it look like GABRIEL INDIA CHART Zig Zag correction
WAVE FORMATION
WAVE A ]show yellow colour circle --> in inner wave 5 wave sturture .i am count 1,2,3,4,5 in black colour
WAVE B show yellow colour circle --> in inner wave 3 wave sturture .i am count a,b,c in red colour
WAVE C show yellow colour circle ---> in inner wave 5 wave sturture .i am count 1,2,3,4,5 in black colour
Rules and objectives:
1--> zig correction first rule wave A down 5 wave sturture
2 --> Wave b up side move corrective phase 3 wave sturture
3--> Wave c direction again down side 5 wave sturcture
4--> Wave b upside not be more than 0.618% than wave A
5--> Wave-a should not retrace more than 61.8% of the previous Impulse wave of one larger degree.
6-->Wave-b should retrace at least 1% of wave-a.
7.--> Wave-c must move, even if only slightly, beyond the end of wave-a
see type of Zig Zag correction Line chart
--> Daily chart Zig Zag patterns formation
it look like GABRIEL INDIA CHART Zig Zag correction
WAVE FORMATION
WAVE A ]show yellow colour circle --> in inner wave 5 wave sturture .i am count 1,2,3,4,5 in black colour
WAVE B show yellow colour circle --> in inner wave 3 wave sturture .i am count a,b,c in red colour
WAVE C show yellow colour circle ---> in inner wave 5 wave sturture .i am count 1,2,3,4,5 in black colour
Rules and objectives:
1--> zig correction first rule wave A down 5 wave sturture
2 --> Wave b up side move corrective phase 3 wave sturture
3--> Wave c direction again down side 5 wave sturcture
4--> Wave b upside not be more than 0.618% than wave A
5--> Wave-a should not retrace more than 61.8% of the previous Impulse wave of one larger degree.
6-->Wave-b should retrace at least 1% of wave-a.
7.--> Wave-c must move, even if only slightly, beyond the end of wave-a
see type of Zig Zag correction Line chart
Nota
1 Simple Zig Zag2 Truncated Zig Zag
3 Elongated Zig Zag
Nota
simple Zig Zag (Normal zig ) Bear phaseNota
Nifty 50 current chart[\b] bear market Zig Zag [\b]
Nota
time , price , construction alternation see 
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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.