Corrective
Double Three
QUICK DEFINITION
Double Three in Elliott Wave Theory: A complex correction consisting of two simple corrective patterns connected by one X wave, labeled W-X-Y. The components can be any combination of zigzags, flats, or triangles (triangle only as Y).
What Double Three Means
A complex correction consisting of two simple corrective patterns connected by one X wave, labeled W-X-Y. The components can be any combination of zigzags, flats, or triangles (triangle only as Y).
Where You'll See It
Double Three appears regularly in Artavest's weekly wave-count analysis across 108 US stocks and ETFs. It's part of the corrective family of Elliott Wave concepts and shows up most often when analysts are decoding a 3-wave correction inside a larger impulse — A-B-C, zigzag, flat, or triangle.
LEARN MORE
- → Elliott Wave Theory Guide — the 5-3 pattern, rules, Fibonacci, wave degrees
- → Elliott Wave Cheat Sheet — the 3 absolute rules and 6 Fibonacci relationships
- → Our Methodology — how Artavest analysts count waves on 108 US instruments