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    Zig Zag Pattern

    Dissecting The All Too Famous Zig-Zag Pattern

    A zigzag in a bull market is a simple three-wave declining pattern labeled A-B-C. The wave sequence is 5-3-5.

    • A three wave move in Wave A, signals a flat or triangle for Wave B
    • A triangle always occurs in a position prior to the final wave
    • Wave C is the final wave in the sequence

     

    Master This Pattern
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      Double Zig-ZagMarkets move against the trend of one greater degree only with a seeming struggle.
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    • 2 years, 8 months ago

      BJay

    • Motive Waves
      Motive WaveMotive waves have a five-wave structure, while corrective waves have a three-wave structure or a variation thereof.
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    • 7 months, 3 weeks ago

      BJay

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