Combination

Rules

  • Combinations are decomposed of 2-3 corrective patterns that are separated by 1-2 corrections
  • A maximum 5-wave count is labeled W-X-Y-X-Z
  • Zig-zags may combine into double or triple zigzags
  • A double-three combination can have the following order:
    • flat, any corrective wave, and flat
    • flat, any corrective wave, and zig-zag
    • zig-zag, any corrective wave, and flat
    • zig-zag, any corrective wave, and triangle
    • flat, any corrective wave, and triangle
  • A triple-three is decomposed of 3 flats, which are separated by any corrective wave
  • Zig-zag combinations replace zig-zags and double- or triple-three combinations replace flats and triangles

Guidelines

  • Triple combinations are very rare
  • Expanding triangles are extremely rare within combinations

Technical Analysis