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Strategies & Market Trends : Classic TA Workplace
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To: Henry J Costanzo who wrote (201624)2/3/2013 4:36:01 PM
From: POKERSAM1 Recommendation   of 209892
 
The advance from 666 to present is a corrective double three labeled wxy. A double three wxy consist of two abc waves labeled [ABC] connected by an x wave which in this case is also an [ABC] flat. The subwaves of an abc zig zag are 5-3-5 so the [A] of w, that you ask about , will always be a five wave impulse.
An ABC flat has subwaves of 3-3-5.
In this case the [C] wave of wave y is an ending diagonal.
So you have an [ABC] wave w.
Then an [ABC] flat wave x.
Then an [ABC] wave y with [C] being an ending diagonal .
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