Wave IV as Double Three Correction
Wave IV as Double Three Correction.
- Wave W: Zig-zag
- Wave X: Any Three
- Wave Z: Double Three of smaller degree
Also, the symmetrical triangle is shown in the chart above.
When a symmetrical triangle forms in a downtrend, then breaks and closes above the declining support line, it suggests a reversal of the downtrend.
The new impulse wave begins soon...
- Wave W: Zig-zag
- Wave X: Any Three
- Wave Z: Double Three of smaller degree
Also, the symmetrical triangle is shown in the chart above.
When a symmetrical triangle forms in a downtrend, then breaks and closes above the declining support line, it suggests a reversal of the downtrend.
The new impulse wave begins soon...
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