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Jan 28, 2023 12:26 PM

🎲 Elliott Wave Pattern: Combination 🌊 Education

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Description

β‹…
●● Combination ( CMB ): "Double Three"


❗❗ Rules:

● A β€œdouble three” combination comprise two corrective patterns separated by one corrective patternin the opposite direction, labeled Ⓧ. The first corrective pattern is labeled β“Œ, the second β“Ž.
● A "double three" combination comprises (in order) a
and a flat, a flat and a
, a flat and a flat, a
and a
or a flat and a
.
● Wave Ⓧ appears as a zigzag or flat. (TWEWA)
● Wave Ⓧ always retraces at least 90 percent of wave β“Œ.
● Combinations have a sideways look. With respect to waves β“Œ and β“Ž in a double three, only one of those waves in each type of combination appears as a
.
● Combinations can occur in the same wave positions as flats and triangles (except for the triangle subwave) but cannot occur in waves β“Œ and β“Ž.

❗ Guidelines:

● Wave Ⓧ is often 123.6-138.2% the β“Œ wavelength, less often wave Ⓧ retraces 161.8% or more. Don't expect wave Ⓧ to be more than 261.8% of wave β“Œ. (TWEWA)
● Wave Ⓧ is usually a single or multiple zigzag.
● When a zigzag or flat appears too small to be the entire wave with respect to the preceding wave (or, if it is to be wave β‘£, the preceding wave β‘‘), a combination is likely.

☝ Notes:

● An expanding triangle has yet to be observed as a component of a combination.

__________________________
πŸ”—References:

Elliott Wave Principal 2005
Trade Waves / Elliott Waves Analysis (TWEWA)

πŸ“š Elliott Wave Guide & Ellott Wave Archive ⬇️⬇️
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