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TradeWaves-EWA
Jul 27, 2021 5:14 PM

๐Ÿ’จ๐™€๐™’ ๐™‹๐™–๐™ฉ๐™ฉ๐™š๐™ง๐™ฃ: ๐™ˆ๐™ช๐™ก๐™ฉ๐™ž๐™ฅ๐™ก๐™š ๐™•๐™ž๐™œ๐™ฏ๐™–๐™œ๐ŸŒŠย Education

Bitcoin / U.S. dollarBitstamp

Description

โ‹…
โ—โ—โ— ๐™ˆ๐™ช๐™ก๐™ฉ๐™ž๐™ฅ๐™ก๐™š ๐™•๐™ž๐™œ๐™ฏ๐™–๐™œ (Mult.Z)

Keep in mind that an triple zigzag is rare

โ—โ— ๐™๐™ช๐™ก๐™š๐™จ

โ— A Multiple Zigzag comprise two (or three)
separated by one (or two) corrective pattern(s) in the opposite direction, labeled X. In the first case, it is called ยซdouble zigzagยป, in the second - ยซtriple zigzagยป (The first
is labeled W, the second Y, and the third, if there is one, Z.)
โ— Waves W, Y and Z are always
.
โ— Wave X never goes beyond the beginning of waves W and Y.
โ— Wave Y always ends past the end of the W, and wave Z, if any, always ends past the end of the Y.
โ— The first X wave always ends on the territory of the W wave, the second X, if any, on the territory of the Y wave.
โ— In a triple zigzag, the first X wave is always a zigzag,
or
. The second X wave is always a zigzag,
,
or
.
โ— In a double zigzag, wave X is always a zigzag,
,
, or
.
โ— Double and triple zigzags replace
, but cannot appear as W, Y, or Z waves.

โ— ๐™‚๐™ช๐™ž๐™™๐™š๐™ก๐™ž๐™ฃ๐™š๐™จ

โ—In a double zigzag, wave Y can equal wave W, .618 wave W, 1.618 wave W, or .terminate at a distance equal to .618 wave W past wave W. In a triple zigzag, there can be equality among waves W, Y and Z, or wave Z can equal .618 wave Y, 1.618 wave Y, or .terminate at a distance equal to .618 wave Y, past wave Y. In a triple zigzag, the Fibonacci relationships between waves W and Y, would be the same as a double zigzag.
โ— The Fibonacci relationships between waves W and X in a double zigzag, and waves Y and XX in a triple zigzag are analogous to the relationships between waves A and B in a
.
โ— In a double zigzag, as a guideline, wave b of wave Y should not break the trendline that connects the beginning of wave W with the end of wave X.
โ— As a guideline, wave X (second wave X of the triple zigzag) of a double zigzag should break the trend channel formed by the first zigzag in wave W (Y) and be greater than 80% of subwave b of wave W (Y and Z).
โ— When a zigzag appears too small to be the entire wave with respect to the preceding wave (or, if it is to be wave 4, the preceding wave 2), the complication of the structure to a multiple zigzag will probably follow.

Elliott Wave Principal 2005 and Q&A EWI .
Comments
ghost_in_the_shell
โ‹…
thanks man!
TradeWaves-EWA
โ‹…
UnknownUnicorn23499361
โ‹…
Great guide
Thank you for sharing
TradeWaves-EWA
โ‹…
@zenoreal, ๐Ÿค
hilliskhaled
โ‹…
I notice in crypto wave Y goes to 127% fibo. of wave A as usual..what do you think bro. ?
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