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elliot waves complex Flashcards

1
Q

Front: WXY pattern consists of ______, ______, and ______.

A

Back: 3, 3, 3

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2
Q

Front: WXYXZ pattern consists of ______, ______, ______, ______, and ______.

A

Back: 3, 3, 3, 3, 3

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3
Q

Front: WXY is essentially a ______ connected to a ______ connected to a ______.

A

Back: zig zag, zig zag, zig zag

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4
Q

Front: In a WXY pattern, W and Y are connected to ______.

A

Back: X

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5
Q

Front: In WXY patterns, the length of X is ______ comparable to W or Y.

A

Back: not

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6
Q

Front: In the WXYXZ pattern, a triangle can never occur in wave ______.

A

Back: W

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7
Q

Front: In WXYXZ patterns, triangles can’t occur in wave ______.

A

Back: Y

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8
Q

Front: Triangles in WXYXZ patterns are either the ______ or in the ______ wave.

A

Back: final corrective wave, X

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9
Q

Front: Any corrective pattern can appear in ______.

A

Back: WXYXZ

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10
Q

Front: When you see 7 legs in a WXY and overlapping waves, think ______.

A

Back: double zig zag

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11
Q

Front: If there are 11 legs down in WXYXZ, it indicates the end of a ______.

A

Back: triple zig zag

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12
Q

Front: Triple zig zags are less common and have very ______ retracements.

A

Back: deep

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13
Q

Front: Diagonal is equivalent to a ______ in terms of Elliott Waves.

A

Back: wedge

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14
Q

Front: The subwave count of a Diagonal is ______.

A

Back: 3,3,3,3,3

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15
Q

Front: If both trendlines of a wave are in the same direction, the move is a ______.

A

Back: wedge

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16
Q

Front: In a 1,2,1,2 setup, the price will ______.

A

Back: shoot higher

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17
Q

Front: In a wedge, the price will not ______.

A

Back: increase the wedge trendline

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18
Q

Front: Complex patterns usually occur ______ the time.

A

Back: half

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19
Q

Front: The duration from wave 0 to 3 is equal to the duration from the end of 3 to ______

A

Back: 5

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20
Q

Front: Diagonals can either be a leading diagonal or an ______ diagonal.

A

Back: ending

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21
Q

Front: If the diagonal appears in wave 1, it’s called a ______ diagonal.

A

Back: leading

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22
Q

Front: If the diagonal appears in wave 5, it’s called an ______ diagonal.

A

Back: ending

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23
Q

Front: In a zig zag wave going downwards, wave a is ______, b is ______, and c is ______.

A

Back: impulsive, corrective, impulsive

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24
Q

Front: In a zig zag pattern, waves a and c can both be ______.

A

Back: zig zags

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25
Q

Front: If there’s a leading diagonal in wave a, there’ll be an ending diagonal in ______.

A

Back: c

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26
Q

Front: The X in WXY serves as a connector between waves ______ and ______.

A

Back: W, Y

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27
Q

Front: In WXYXZ patterns, where is the only place a triangle can’t appear?

A

Back: Wave Y

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28
Q

Front: For complex corrective patterns, which type is the rarest?

A

Back: Triple zig zag

29
Q

Front: A characteristic of a triple zig zag is that it displays very ______ retracements.

A

Back: deep

30
Q

Front: A characteristic of diagonals is their ______ wave structure.

A

Back: 3,3,3,3,3

31
Q

Front: If trendlines of a wave move in the same direction, it indicates a ______.

A

Back: wedge

32
Q

Front: A significant difference between a 1,2,1,2 and a wedge is how the ______ behaves.

A

Back: price

33
Q

Front: How frequently do complex patterns typically appear?

A

Back: Half the time

34
Q

Front: A leading diagonal typically appears in which wave?

A

Back: Wave 1

35
Q

Front: An ending diagonal typically appears in which wave?

A

Back: Wave 5

36
Q

Front: In a descending zig zag pattern, if wave a is ______, wave c will also be ______.

A

Back: impulsive, impulsive

37
Q

Front: In terms of Elliott Waves, a diagonal can also be referred to as a ______.

A

Back: wedge

38
Q

Front: If you observe a leading diagonal in wave a, what can you expect in wave c?

A

Back: An ending diagonal

39
Q

Front: For a move to be identified as a 1,2,1,2 setup, the price should ______ significantly.

A

Back: rise

40
Q

Front: In a wedge pattern, the price will never surpass the ______.

A

Back: trendline of the wedge

41
Q

Front: If a zig zag is moving down, wave b will always be ______ in nature.

A

Back: corrective

42
Q

Front: Diagonals that appear in wave 1 are termed as ______, whereas those appearing in wave 5 are termed as ______.

A

Back: leading diagonal, ending diagonal

43
Q

Front: A wave with the pattern 3,3,3,3,3 can be indicative of a ______ in Elliott Wave Theory.

A

Back: diagonal

44
Q

Front: The segment between waves 0 to 3 is analogous in length to the segment from the end of wave ______ to wave ______.

A

Back: 3, 5

45
Q

Front: In complex corrective patterns, the WXY pattern specifically represents a sequence of ______.

A

Back: zig zags

46
Q

Front: A significant characteristic of the WXYXZ pattern is its ______ leg structure.

47
Q

Front: When observing a WXY pattern with overlapping waves, the expected reversal point is typically at the conclusion of a ______.

A

Back: double zig zag

48
Q

Front: In Elliott Waves, what can a pattern of 3,3,3,3,3 subwaves represent?

A

Back: Diagonal

49
Q

Front: In a zig zag pattern where wave a and wave c both resemble zig zags, the possible diagonals present are a ______ in wave a and a ______ in wave c.

A

Back: leading diagonal, ending diagonal

50
Q

Front: A ______ is a series of three connected zig zags.

51
Q

Front: The length of X in a WXY pattern is generally not comparable to which two waves?

A

Back: W, Y

52
Q

Front: When there’s an occurrence of 11 legs down in an Elliott wave pattern, it usually signifies the end of a ______.

A

Back: triple zig zag

53
Q

Front: Triangles can appear everywhere in WXYXZ patterns except in wave ______.

54
Q

Front: What pattern appears when you see 7 legs in a WXY where waves overlap?
Back: Double zig zag

A

Front: What pattern appears when you see 7 legs in a WXY where waves overlap? Back: Double zig zag

55
Q

Front: In the subwave count of a diagonal, each of the waves is broken down into how many subwaves?

56
Q

Front: What differentiates the 1,2,1,2 pattern from a wedge when observing price movement?

A

Back: The price in a 1,2,1,2 shoots higher.

57
Q

Front: Complex patterns in Elliott Waves, such as the 1,2,1,2 setup, generally alternate in frequency with ______ patterns.

A

Back: Simple

58
Q

Front: If you observe a leading diagonal in one wave of a zig zag pattern, you can typically expect an ______ in another wave.

A

Front: If you observe a leading diagonal in one wave of a zig zag pattern, you can typically expect an ______ in another wave.

59
Q

Front: The 1,2,1,2 pattern indicates a rapid price ______.

A

Back: rise

60
Q

Front: In a wedge pattern, the price typically doesn’t surpass the ______.

A

Back: wedge trendline

61
Q

Front: If there’s a zig zag moving downward, and wave a is impulsive, what can be said about wave c?

A

Back: It is also impulsive.

62
Q

Front: What term is synonymous with “diagonal” in Elliott Wave Theory?

A

Back: Wedge

63
Q

Front: What wave structure does a diagonal or wedge pattern follow?

A

Back: 1,2,3,4,5

64
Q

Front: Where can triangles occur in a WXYXZ pattern?

A

Back: Everywhere except wave Y

65
Q

Front: The “end” or “completion” of what pattern is signified by a very deep retracement, especially when the market appears weak?

A

Back: Triple zig zag

66
Q

Front: In the context of Elliott Waves, what does the term “wedge” often refer to?

A

Back: Diagonal

67
Q

Front: If a leading diagonal is observed in wave a of a zig zag, what wave would typically feature an ending diagonal?

A

Back: Wave c

68
Q

Front: In a wedge or diagonal pattern, both trendlines typically move in the ______ direction.

A

Back: same

69
Q

Front: When observing Elliott Wave patterns, the presence of a 1,2,1,2 pattern is indicative of a potential ______ in price.

A

Back: sharp rise

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