1

IMPULSE
MOTIVE
DIAGONAL Ending
ZIGZAG Single
THREES
SIMPLE CORRECTIVE FLAT Regular
CORRECTIVE TRIANGLE TRIANGLE Barrier
Double Corrective ZIGZAG/FLAT
COMBINED CORRECTIVE
Triple Corrective ZIGZAG/FLAT/FLAT
 2 3 4

Leading
Double Triple
Irregular Running
Expanding Running
ZIGZAG/TRIANGLE FLAT/FLAT FLAT/TRIANGLE
ZIGZAG/FLAT/TRIANGLE FLAT/FLAT/FLAT FLAT/FLAT/TRIANGLE
 MOTIVE 1 2 3
Impulse (IM) 5 - 3 - 5 - 3 - 5 IM OR LD Any C Not Δ IM
Leading Diagonal (LD) 5 - 3 - 5 - 3 - 5 IM OR LD Any C Not Δ IM
Ending Diagonal (ED) ZZ, DZ OR TZ Any C Not Δ ZZ, DZ OR TZ

SIMPLE CORRECTIVE A B C
Zigzag (ZZ) 5 - 3 -5 IM OR LD Any C IM OR ED
Flat (sideways) - (FL) 3 - 3 - 5 Any C Any C Not Δ IM OR ED
Irregular flat -(IFL) 3 - 3 - 5

DOUBLE CORRECTIVE W X Y
Double Zigzag (DZ) - 3 - 3 - 3 ZZ Any C Not ET ZZ
Double flat(Sideways) (D3) - 3 - 3 - 3 Any C Not Δ, Dx, Tx Any C Not Δ, Dx, Tx Any C Not Dx, Tx

SIMPLE CORRECTIVE A B C
Contracting Triangle (CT) 3 - 3 - 3 - 3 - 3 ZZ, Dx, Tx OR FL ZZ, Dx, Tx Any C Not Δ
Expanding Triangle (ET) 3 - 3 - 3 - 3 - 3 ZZ, Dx, Tx ZZ, Dx, Tx ZZ, Dx, Tx

COMBINED CORRECTIVE W X Y
Triple Zigzag (TZ) 3 - 3 - 3 - 3 - 3 ZZ Any C Not ET ZZ
Triple flat(sideways) (T3) 3 - 3 - 3 - 3 - 3 Any C Not Δ, Dx, Tx Any C Not Δ, Dx, Tx Any C Not Dx, Tx
 4 5
Any C IM OR ED
Any C IM OR ED
Any C ZZ, DZ OR TZ

A-B-C
Wave C > Wave A > Wave B

Wave C > Wave B > Wave A

D E
Any C Not Δ ZZ, Dx, Tx OR CT
ZZ, Dx, Tx ZZ, Dx, Tx

XX Z
Any C Not ET ZZ
Any C Not Δ, Dx, Tx Any C Not Dx, Tx
 Wave A Wave B
Must be an IM or an LD Can only be a corrective pattern
Must be shorter than Wave A by price distance
Usually 50% of Wave A
Wave B should not exceed 75% of Wave A
ZIGZAG

5 3
IMP COR
Common pattern in 60% of the time
Easy way to make money and identify the rules
Usually 5 - 20 days depending on the counter

W X
Must be a Zigzag Can be any corrective pattern except an ET
Must be smaller than Wave W by price
DOUBLE
ZIGZAG
3 3
COR COR

W X
Must be a Zigzag
Can be any corrective pattern except an ET

TRIPLE Must be smaller than Wave W by price

ZIGZAG

3 3
COR COR
 Wave C IM LD ED ZZ DZ
Must be an IM or an LD A 93/100 7/0 0 0 0
Must be atleast 70% of Wave B by price B 0 0 0 30 6
C 82/100 0 18/0 0 0
Wave C = 1 * Wave A or 1.62 * Wave A or 2.62 * Wave A
Wave C must be equal to Wave A in terms of price distance travelled
Wave C should cross Wave A high in upside correction
Wave C should break Wave A low in downside correction
5
COR

Y IM LD ED ZZ DZ
Must be a Zigzag W 0 0 0 100 0
Wave Y must be greater or equal to Wave X by price X 0 0 0 24 5
Y 0 0 0 100 0
3
COR

Y XX
Can be any corrective pattern
Must be a Zigzag except an ET
Must be smaller than Wave Y by
Wave Y must be greater or equal to Wave X by price price

3 3
COR COR
TZ FL D3 T3 CT ET IM Impulse
0 0 0 0 0 0 LD Leading Diagonal
2 40 12 0/9 8 3 ED Ending Diagonal
0 0 0 0 0 0 ZZ Zigzag
DZ Double Zigzag
TZ Triple Zigzag
FL Flat
D3 Double Sideways
T3 Triple sideways
CT Contracting Triangle
ET Expanding Triangle

TZ FL D3 T3 CT ET
0 0 0 0 0 0
1 55 10 0 5 0
0 0 0 0 0 0

Z
Must be a Zigzag

Must be greater than or equal to

Wave XX by price

3
COR
 Wave A Wave B
Any corrective pattern Can be any corrective pattern except a triangle
Must retrace at least 50% of A by price
Retracement more than 61.8% of Wave A and
FLAT maximum upto 100% only
Must be less than 200% of Wave A by price
3 3
COR COR

Wave A Wave B
Any Corrective pattern Any Corrective pattern
Terminates beyond the starting level of WaveA
IRREGULAR and upto 138.5% of WaveA
FLAT

3 3
COR COR

Wave A Wave B
IRREGULAR Any Corrective pattern Wave B retraces 161.8% of Wave A or beyond
FLAT with
Wave C
failure
COR COR

Wave A Wave B
Any Corrective pattern Any Corrective pattern
Terminates beyond the starting level of WaveA as
RUNNING in an expanded flat
FLAT Must be composed of 3 waves
Most of the time it should occur in Wave 2 or B
3 3
COR COR

W X
Any C Not Δ, Dx, Tx Any C Not Δ, Dx, Tx
Wave X must retrace Wave W by atleast 50%
DOUBLE
FLAT (D3)
3 3
COR COR

W X
Any C Not Δ, Dx, Tx Any C Not Δ, Dx, Tx

TRIPLE Wave X must retrace Wave W by atleast 50%

FLAT (T3)

3 3
COR COR
 Wave C IM LD ED ZZ DZ
Must be either an IM or ED A 0 0 0 45 14
Must share some common price territory with Wave A(= Wave C) B 0 0 0 53 16
Must cross Wave A high in upside correction C 74/100 0 26/0 0 0

Shouldn't go beyond the end of Wave A

5
IMP

Wave C
Must be either an IM or Diagonal

Ends substantially beyond the ending level of WaveA

May or may not be equal to Wave A in price
Needs to have momentum divergence
Wave C just crosses Wave A high marginally
5
IMP

Wave C
Because of 161.8% retracement of Wave A , Wave C will not cross
Wave A high results in Wave C failure

IMP

Wave C
Must be either an IM or Diagonal
Fails to travel the full distance, falling short of the level where
wave A ended
Needs to have momentum divergence

5
IMP

Y
Any C Not Dx, Tx
Must be less than 200% of Wave W by price
Must be atleast as long as Wave X by price except if it is a triangle
3
COR

Y XX
Any C Not Dx, Tx Any C Not ET, DZ, TZ OR FL
Minimum XX wave retracement is
Must be less than 200% of Wave W by price 50% of Y
Must be atleast as long as Wave X by price except if it is a triangle

3 3
COR COR
 TZ FL D3 T3 CT ET
5 24 11 0 0 0
6 10 15 0 0 0
0 0 0 0 0 0

Z
ZZ
Cannot be a Zigzag if Wave Y is a
zigzag
Must be longer than Wave XX by price

3
COR
 ZZ DZ TZ FL D3 T3 CT
wA 63/51 22 9 9/16 0 0 0
wB 62/69 25 10 0 0 0 0
wC 70/66 15 6 9/5 4/6 0/1 0
wD 82/71 11 2 3/14 2/4 0 0
wE 83/86 12 2 0 0 0 1
ET
0
0
0
0
0
 A B C DE SHAPE POSITION PATTERN ALTERNATION
A-B-C A B
ZIGZAG 5 3 5 SHARP W2 OR WB IMP -COR -IMP FLAT ZIGZAG
FLAT 3 3 5 SIDEWAYS WAVE 4 COR - COR - IMP ZIGZAG FLAT
TRIANGLE 3 3 3 3 3 SIDEWAYS WAVE 4 COR - COR - COR - COR - COR SIMPLE COMPLEX
COMBINATION X WAVE SIDEWAYS WAVE 4 SIMPLE COMPLEX
ALTERNATION
C

MORE COMPLEX