概念

Elliott Wave Glossary

Fibonacci Spiral and Natural Order

The Fibonacci sequence and the Golden Ratio (1.618) appear throughout nature — in plant growth, shells, galaxies, and DNA. Elliott believed markets reflect the same natural order.
Elliott Wave Glossary

Degree (Wave Hierarchy)

The term 'degree' refers to the size classification of a wave within the Elliott Wave hierarchy. Used in expressions like 'Primary-degree wave 3' or 'one degree higher.' Equivalent to 'wave hierarchy
Elliott Wave Glossary

Sub-wave Guide: Zigzag, Flat, and Triangle

Reference guide for sub-wave forms within zigzags (A, B, C waves), flats (A, B, C waves), and triangles (A, B, C, D, E waves). Includes sub-wave frequencies for each position.
Elliott Wave Glossary

Sub-wave Guide: Impulse Waves (Waves 1–5)

A reference guide for what corrective forms can appear as wave 2 and wave 4 in an impulse, and what motive forms appear as waves 1, 3, and 5.
Elliott Wave Glossary

Rules of Double Three & Triple Three (5 Rules)

Five absolute rules governing the sub-waves of double three and triple three combinations. Violations invalidate the count.
Elliott Wave Glossary

Double Zigzag vs. Double Three: Key Differences

Both are W-X-Y structures, but their roles differ fundamentally. Double zigzag: price-correcting (Y extends beyond W). Double three: time-correcting (Y does not significantly extend beyond W). Whether
Elliott Wave Glossary

Triangle Sub-wave Structure

Each of the five sub-waves (A–E) in a triangle is a 3-wave corrective structure. Wave A may not be a triangle; waves B–E may be any corrective form including a triangle. The E wave commonly overshoots
Elliott Wave Glossary

Double Zigzag, Triple Zigzag, and Multiple Zigzags

A double zigzag (W-X-Y) consists of two zigzags connected by an X wave. Both W and Y are zigzags. Wave Y extends beyond wave W, making a new price extreme. A triple zigzag adds a third component (Z).
Elliott Wave Glossary

Ending Diagonal

A diagonal that appears as wave 5 of an impulse or wave C of a correction. Signals exhaustion of the trend. Followed by a sharp and deep reversal.
Elliott Wave Glossary

Zigzag

A sharp corrective pattern consisting of three waves: A-B-C, subdividing 5-3-5. The most common corrective pattern. Wave B retraces only a portion of wave A; wave C extends beyond wave A.