Elliott wave Triangles (ABCDE)By Xanrox0 Triangles are a correction five-wave pattern (marked as A-B-C-D-E), which is divided into five types. This pattern is formed in…
Elliott wave Zigzag and Flat patternsBy Xanrox0 Unlike motive waves, corrections are more complicated and tricky structures. There’re simple and complex correction patterns: Zigzag Flat Double /…
Elliott wave Ending diagonalBy Xanrox0 In the previous article, we discovered a leading diagonal, which acts as the beginning of an impulse or a zigzag. Today…
Elliott wave Leading diagonalBy Xanrox0 As we already know, the fourth wave of any impulse can’t overlap an ending point of the first wave. However,…
Chart patterns Ascending triangle (bullish)By Xanrox0 Overview An ascending triangle is a bullish continuation/reversal chart pattern commonly found on the charts. Price prints similar or identical highs…