Zigzag
Zigzag in Elliott Wave Theory: A sharp three-wave corrective pattern labeled A-B-C where Wave A and Wave C are impulse waves (five sub-waves each) and Wave B is a corrective wave (three sub-waves). Zigzags are structured as 5-3-5 and typically retrace 50%-61.8% of the prior impulse wave.
What Zigzag Means
A sharp three-wave corrective pattern labeled A-B-C where Wave A and Wave C are impulse waves (five sub-waves each) and Wave B is a corrective wave (three sub-waves). Zigzags are structured as 5-3-5 and typically retrace 50%-61.8% of the prior impulse wave.
After a $30 rally, a zigzag correction unfolds: Wave A drops $12 in five waves, Wave B bounces $5 in three waves, then Wave C drops another $10 in five waves.
Where You'll See It
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.
- → 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