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Corrective Structures.
SIMPLE ZIG-ZAG

Corrective Structures.
SIMPLE ZIG-ZAG

Simple Zig-Zag  is the strongest type of a corrective wave.  Waves A and C have impulsive structure. That is why corrective moves of this type are fast and deep.

MAIN FEATURES

  • The Simple Zig-Zag structure is subdivided into three waves A, B and C
  • Waves A and C are subdivided into five subwaves ( i ), ( ii ), ( iii ), ( iv ) and ( v )
  • Wave B up is subdivided into three subwaves a, b and c
  • A pullback in Wave B is to weak to retrace substantial part of the first leg down in the wave A down
  • The final wave C is a strong impulsive drop pushing price to a new lower low

The best way to understand how this pattern works is to study collection of charts with real life examples.

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  1. Introduction to Section 6 “Corrective Waves”.
  2. Simple Zig-Zag.
  3. How to trade Simple Zig-Zag.
  4. Regular Flat.
  5. Bonus: Trading corrective waves shaped as a Regular Flat.
  6. Running Flat.
  7. Expanded Flat.
  8. Correction Shaped as a Triangle.
  9. Bonus: Triangle can play dirty tricky games.
  10. Triangle: Key Takeaways.
  11. Wave B is the least predictable beast.
  12. Bonus.Wave B explained.
  13. Two types of corrective structures: “through time” vs “throw price”.
  14. Complex Corrective Pattern: Double Three.
  15. Guidance on Alternation Between Corrective Waves

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