🎲 Elliott Wave Pattern: Combination 🌊●● Combination ( CMB ): "Double Three"
❗❗ Rules:
● A “double three” combination comprise two corrective patterns separated by one corrective patternin the opposite direction, labeled Ⓧ . The first corrective pattern is labeled Ⓦ , the second Ⓨ .
● A "double three" combination comprises (in order) a single zigzag and a flat, a flat and a single zigzag , a flat and a flat, a single zigzag and a triangle or a flat and a triangle .
● Wave Ⓧ appears as a zigzag or flat. (TWEWA)
● Wave Ⓧ always retraces at least 90 percent of wave Ⓦ .
● Combinations have a sideways look. With respect to waves Ⓦ and Ⓨ in a double three, only one of those waves in each type of combination appears as a single zigzag .
● Combinations can occur in the same wave positions as flats and triangles (except for the triangle subwave) but cannot occur in waves Ⓦ and Ⓨ .
❗ Guidelines:
● Wave Ⓧ is often 123.6-138.2% the Ⓦ wavelength, less often wave Ⓧ retraces 161.8% or more. Don't expect wave Ⓧ to be more than 261.8% of wave Ⓦ . (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 ④ , the preceding wave ② ), a combination is likely.
☝ Notes:
● An expanding triangle has yet to be observed as a component of a combination.
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🔗References:
Elliott Wave Principal 2005
Trade Waves / Elliott Waves Analysis (TWEWA)
📚 Elliott Wave Guide & Ellott Wave Archive ⬇️⬇️
