概念

An overview of the three families of corrective waves: zigzag family (sharp corrections), flat family (sideways with deep B), and triangle family (sideways time corrections). All corrective waves are

The reactive wave connecting actionary components (W, Y, Z) in compound corrections. Can be any corrective form. Often a zigzag. Considered analogous to the B wave of a flat — usually retraces back ne

Sideways combination corrective waves (W-X-Y for double three; W-X-Y-X-Z for triple three). Price correction ends with wave W; subsequent components (Y, Z) provide time correction without significantl

Triangles are either contracting (boundary lines converge) or expanding (boundary lines diverge). Contracting triangles: symmetrical, ascending, descending. Expanding triangles are rare and have speci

A sideways corrective pattern with five sub-waves (A-B-C-D-E), each of which is a three-wave corrective structure. The boundary lines converge (contracting) or diverge (expanding). Appears as wave 4 o

The three types of flat correction: regular flat (B retraces ~90% of A; C ends near A start), expanded flat (B exceeds A start; C extends beyond A end), running flat (B exceeds A start; C fails to rea

A sideways corrective pattern consisting of A-B-C, subdividing 3-3-5. Wave B retraces most or all of wave A. Three types: regular flat, expanded flat (B beyond A), and running flat (C fails to reach A

A diagonal with diverging trendlines — each sub-wave is larger than the previous. Rare. The expanding ending diagonal appears at wave 5; the expanding leading diagonal appears at wave 1.

'Previous' in Elliott Wave context means 'the immediately preceding wave.' Most commonly used in 'previous 4th wave' — the 4th sub-wave of the preceding actionary wave — which provides a price target