medium · Elliott Wave Theory complex
Which rule is violated if a technician identifies a 'Double Zigzag' where wave Y is a contracting triangle?
- The X wave must always be a five-wave impulse.
- The false idea that double zigzags cannot have any X wave.
- The components of a double zigzag must both be zigzags.
- The incorrect claim that triangles cannot ever be labeled wave Y.
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