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
Front: If there's a leading diagonal in wave a, there'll be an ending diagonal in ______.
Back: c
26
Front: The X in WXY serves as a connector between waves ______ and ______.
Back: W, Y
27
Front: In WXYXZ patterns, where is the only place a triangle can't appear?
Back: Wave Y
28
Front: For complex corrective patterns, which type is the rarest?
Back: Triple zig zag
29
Front: A characteristic of a triple zig zag is that it displays very ______ retracements.
Back: deep
30
Front: A characteristic of diagonals is their ______ wave structure.
Back: 3,3,3,3,3
31
Front: If trendlines of a wave move in the same direction, it indicates a ______.
Back: wedge
32
Front: A significant difference between a 1,2,1,2 and a wedge is how the ______ behaves.
Back: price
33
Front: How frequently do complex patterns typically appear?
Back: Half the time
34
Front: A leading diagonal typically appears in which wave?
Back: Wave 1
35
Front: An ending diagonal typically appears in which wave?
Back: Wave 5
36
Front: In a descending zig zag pattern, if wave a is ______, wave c will also be ______.
Back: impulsive, impulsive
37
Front: In terms of Elliott Waves, a diagonal can also be referred to as a ______.
Back: wedge
38
Front: If you observe a leading diagonal in wave a, what can you expect in wave c?
Back: An ending diagonal
39
Front: For a move to be identified as a 1,2,1,2 setup, the price should ______ significantly.
Back: rise
40
Front: In a wedge pattern, the price will never surpass the ______.
Back: trendline of the wedge
41
Front: If a zig zag is moving down, wave b will always be ______ in nature.
Back: corrective
42
Front: Diagonals that appear in wave 1 are termed as ______, whereas those appearing in wave 5 are termed as ______.
Back: leading diagonal, ending diagonal
43
Front: A wave with the pattern 3,3,3,3,3 can be indicative of a ______ in Elliott Wave Theory.
Back: diagonal
44
Front: The segment between waves 0 to 3 is analogous in length to the segment from the end of wave ______ to wave ______.
Back: 3, 5
45
Front: In complex corrective patterns, the WXY pattern specifically represents a sequence of ______.
Back: zig zags
46
Front: A significant characteristic of the WXYXZ pattern is its ______ leg structure.
Back: 11
47
Front: When observing a WXY pattern with overlapping waves, the expected reversal point is typically at the conclusion of a ______.
Back: double zig zag
48
Front: In Elliott Waves, what can a pattern of 3,3,3,3,3 subwaves represent?
Back: Diagonal
49
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.
Back: leading diagonal, ending diagonal
50
Front: A ______ is a series of three connected zig zags.
Back: WXY
51
Front: The length of X in a WXY pattern is generally not comparable to which two waves?
Back: W, Y
52
Front: When there's an occurrence of 11 legs down in an Elliott wave pattern, it usually signifies the end of a ______.
Back: triple zig zag
53
Front: Triangles can appear everywhere in WXYXZ patterns except in wave ______.
Back: Y
54
Front: What pattern appears when you see 7 legs in a WXY where waves overlap? Back: Double zig zag
Front: What pattern appears when you see 7 legs in a WXY where waves overlap? Back: Double zig zag
55
Front: In the subwave count of a diagonal, each of the waves is broken down into how many subwaves?
Back: 3
56
Front: What differentiates the 1,2,1,2 pattern from a wedge when observing price movement?
Back: The price in a 1,2,1,2 shoots higher.
57
Front: Complex patterns in Elliott Waves, such as the 1,2,1,2 setup, generally alternate in frequency with ______ patterns.
Back: Simple
58
Front: If you observe a leading diagonal in one wave of a zig zag pattern, you can typically expect an ______ in another wave.
Front: If you observe a leading diagonal in one wave of a zig zag pattern, you can typically expect an ______ in another wave.
59
Front: The 1,2,1,2 pattern indicates a rapid price ______.
Back: rise
60
Front: In a wedge pattern, the price typically doesn't surpass the ______.
Back: wedge trendline
61
Front: If there's a zig zag moving downward, and wave a is impulsive, what can be said about wave c?
Back: It is also impulsive.
62
Front: What term is synonymous with "diagonal" in Elliott Wave Theory?
Back: Wedge
63
Front: What wave structure does a diagonal or wedge pattern follow?
Back: 1,2,3,4,5
64
Front: Where can triangles occur in a WXYXZ pattern?
Back: Everywhere except wave Y
65
Front: The "end" or "completion" of what pattern is signified by a very deep retracement, especially when the market appears weak?
Back: Triple zig zag
66
Front: In the context of Elliott Waves, what does the term "wedge" often refer to?
Back: Diagonal
67
Front: If a leading diagonal is observed in wave a of a zig zag, what wave would typically feature an ending diagonal?
Back: Wave c
68
Front: In a wedge or diagonal pattern, both trendlines typically move in the ______ direction.
Back: same
69
Front: When observing Elliott Wave patterns, the presence of a 1,2,1,2 pattern is indicative of a potential ______ in price.
Back: sharp rise