Wave X
Wave X in Elliott Wave Theory: A connecting corrective wave that joins two simple corrections in a complex pattern. Wave X is typically a brief, shallow correction (often a zigzag). In W-X-Y patterns, Wave X connects the first correction (W) to the second (Y).
What Wave X Means
A connecting corrective wave that joins two simple corrections in a complex pattern. Wave X is typically a brief, shallow correction (often a zigzag). In W-X-Y patterns, Wave X connects the first correction (W) to the second (Y).
Where You'll See It
Wave X 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.
- → 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