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