Corrective
Triple Zigzag
QUICK DEFINITION
Triple Zigzag in Elliott Wave Theory: A complex correction consisting of three zigzags connected by two X waves, labeled W-X-Y-X-Z. This produces a very deep and extended correction. It is the rarest of the complex corrective patterns.
What Triple Zigzag Means
A complex correction consisting of three zigzags connected by two X waves, labeled W-X-Y-X-Z. This produces a very deep and extended correction. It is the rarest of the complex corrective patterns.
Where You'll See It
Triple Zigzag 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