Hi everyone. As you know, There are 3 orders of simple patterns of waves, also, there are 13 variations of simple patterns: impulse, ending diagonal, leading diagonal, zigzag, double zigzag, triple zigzag, regular flat, expanded flat, running flat, contracting triangle, descending triangle, ascending triangle and expanding triangle.
Zigzag (5-3-5) A single zigzag is a simple three-wave declining pattern labeled ABC
Fibonacci ratio: Wave B = 50%, 61.8%, 76.4% or 85.4% of wave A Wave C = 61.8%, 100%, 123.6% or 161.8% of wave A
Double zigzag Subdivision: 3 waves (3-3-3)
Fibonacci ratio: Wave X= 38.2% or 50% of wave W Wave Y= 61.8%, 100%, 127.2% or 161.8% of wave W
Triple zigzag Subdivision: 5 waves (3-3-3-3-3)
Fibonacci ratio: Wave X= 38.2% or 50% of wave W Wave Y= 61.8%, 100%, 127.2% or 161.8% of wave W Wave Z= 61.8%, 100%, 127.2% or 161.8% of wave Y
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