Reading Time: 2 minutesWhen a correction is in play, all you can do is wait it out. We sometimes get caught up in trying to predict or forecast. The funny around Instagram is that new traders want to be right all the time but experienced traders want to make money. Everybody wants to make money, though. For me;[More…]
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