DOUBLE ZIG ZAG
Here are the main Elliott wave rules for double zigzag corrections:
- The WXY correction pattern subdivides into 3-3-3 internal wave pattern.
- Waves W and Y tend towards equality in length.
- The WXY correction wave usually appears in the position of wave '4' or wave 'B'.
A good buy zone could be between 9400 and 9450.
P.S : Not an advice, take your own risks.
Here are the main Elliott wave rules for double zigzag corrections:
- The WXY correction pattern subdivides into 3-3-3 internal wave pattern.
- Waves W and Y tend towards equality in length.
- The WXY correction wave usually appears in the position of wave '4' or wave 'B'.
A good buy zone could be between 9400 and 9450.
P.S : Not an advice, take your own risks.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.