The Double and Triple Three: Deciphering Complex Corrective Combinations

In a perfectly mathematical environment, all market pullbacks would unfold as simple, elegant Zigzags or Flats. However, mass psychology is frequently indecisive. When a market needs to consume significant time without giving up much price territory, it strings simple corrections together into complex geometric combinations. I label these structures as W-X-Y (Double Threes) and W-X-Y-X-Z […]

Double Zigzag (W-X-Y) Corrective Pattern

When a standard single zigzag fails to achieve sufficient vertical retracement depth to rebalance an antecedent impulse wave, the market does not surrender its corrective intention. Instead, it chains two independent zigzag structures together into a single, cohesive, aggressive counter-trend sequence. I classify this geometric structure as a Double Zigzag, labeled in modern wave notation […]