Alternation
Wave2
Wave4 % of Total
1) Wave 2 does not fall below the starting price of wave 1.
Sharp
Sharp
8.7%
2) Wave 3 is not the shortest wave by price movement
Sharp
Sideways 53.6%
when compared to wave 1 and wave 5.
Sideways Sharp
8.2%
3) Wave 4 does not overlap the range of wave 1.
Sideways Sideways 29.6%
Alternating
61.8%
LD
Cor - Cor – Cor – Cor - Cor
ED
Leading Diagonal
ZZ
Or , DZ
TZ
4
w2 O/L w4
w2 < w1
w3 > w2
w3 > w1 or w5
w5 ≥ 0.5*w4
2
Imp - Cor – Imp – Cor - Imp
Ending Diagonal
Sideways
IM LD ED ZZ DZ TZ FL D3 T3 CT ET
Can interchange with:wA - 93/100 7/0 0 0 0 0 0 0 0 0 0
DZ & TZ
FL
C
IM
or
ED
C
Zigzag
C
IM LD ED ZZ DZ TZ FL D3 T3 CT ET
wW - 0 0 0 100 0 0 0 0 0 0 0
wX - 0 0 0 24 5 1 55 10 0 5 0
wY - 0 0 0 100 0 0 0 0 0 0 0
IM LD ED ZZ DZ TZ FL D3 T3 CT ET
0 0 45 14 5 24 11 0 0 0
wA - 0
0 0 53 16 6 10 15 0 0 0
wB - 0
wC-74/100 0 26/0 0 0 0 0 0 0 0 0
No A
t ▲ ny
,D C
x,
Tx
X
ZZ
yC
An t ET
No
N
ZZ
Double Zigzag
Y
Y
N o An
tD yC
x,
Tx
wX ≥ 0.5*wW
wY > wX
W
Triple Zigzag
Can interchange with:FL, D3, ET & CT
XX
X
wXX ≥ 0.5*wY
wZ > wXX
Cor – Cor – Cor – Cor - Cor
Double 3
Y
x
y C x, T
An , D
t▲
No
y C Tx
An Dx,
t
No
yC
An t ET
No
T3
ZZ
wXX < wY
wZ ≥ wXX
0.5*wA ≤ wB < 2*wA
wC O/L wA
Cor – Cor – Cor Y
y C Tx
An Dx,
t
No
W
XX
ZZ
C
X
y C Tx
An , D x ,
▲
ot
IM LD ED ZZ DZ TZ FL D3 T3 CT ET
wW - 0 0 0 18 0 0 82 0 0 0 0
wX - 0 0 0 52 0 0 48 0 0 0 0
wY - 0 0 0 55 0 0 22 0 0 13 10
x
yC ,T
An , Dx
t▲
No
Can interchange with:ZZ & DZ
ZZ
yC T
An t E
No
Flat
W
Cor – Cor – Cor
X
Cor – Cor – Imp
Can interchange with:FL, T3, CT & ET
D3
ot A n
▲ yC
,D
x,
Tx
Can interchange with:ZZ & TZ
TZ
or IM
ED
A
A
Imp – Cor – Imp
W
yC
An t ▲
No
N
wB < wA
wC > 0.7*wB
0.5*wA ≤ wB < 2*wA
wC O/L wA
y
An
IM D
L
or
B
y
An
B
Can interchange with:D3, T3, CT & ET
0 0 30 6 2 40 12 0/9 8 3
wB - 0
wC - 82/100 0 18/0 0 0 0 0 0 0 0 0
wX < wW
wY ≥ wX
ZZ
,
O r DZ
TZ
IM
IM
2
w1 2 w2
-
Sharps
wX < wW
wY ≥ wX
IM
o
ED r
IM
E D or
IM
LD or
w2 O/L w4
w2 < w1
w3 > w2
w3 > w1 or w5
w5 ≥ 0.5*w4
5
yC
IM LD ED ZZ DZ TZ FL D3 T3 CT ET
93 7 0 0 0 0 0 0 0 0 0
0 0 0 42 8 1 40 10 0 0 0
w3 - 100 0 0 0 0 0 0 0 0 0 0
0 0 0 32 3 1 48 8 0 5 5
w4
w5 - 93 0 7 0 0 0 0 0 0 0 0
4
yC
An t ▲
No
4
3
An
C
Impulse
DZ
1
C
C
y
An ot ▲
N
IM
L D or
1
Imp – Cor – Imp – Cor - Imp
ZZ
Can interchange with:- IM & LD
Appear:- w5 of IM
5
3
y
An
An
y
1
IM
Can interchange with:- IM & ED
Appear:- w1 of IM (only rising)
5
3
C
y
An o t ▲
N
Can interchange with:- LD & ED
w2 O/L w4
w2 < w1
w3 > w2
w3 > w1 or w5
w5 ≥ 0.7*w4
Wave2
Wave4 Combined %
Sharp
Sideways 86%
Sideways Sharp
22%
ZZ
,
Or DZ
TZ
Elliott Rules
Cor – Cor – Cor - Cor - Cor
Z
Triple 3
Z
Triangles
Tx
x,
x
Dx
,T
x
x,
T
ZZ
,D
x, T
C
x
A
No n y C
t▲
,D
,D
ZZ
ZZ
wB < wC ≤ 2.5*wB
wC < wD ≤ 2.5*wC
wD < wE ≤ 2.5*wD
wA or wB = Min
x
T
x,
A
,D
ZZ
D3 T3 CT ET
0 0 0 0
0 0 0 0
4/6 0/1 0 0
2/4 0 0 0
0 0 1 0
x
ZZ DZ TZ FL
wA - 63/51 22 9 9/16
wB - 62/69 25 10 0
wC - 70/66 15 6 9/5
wD - 82/71 11 2 3/14
wE - 83/86 12 2 0
Can interchange with:FL, D3, T3 & CT
B
x, T
Contracting Triangle
E
0.2*wD ≤ wE < wD
wE O/L wA
wA or wB = Max
D
ET
,D
,
Cor – Cor – Cor - Cor - Cor
,
Tx
x,
,D T
ZZ Or C
yC
An t ▲
No
x
x, T
,D
ZZ r FL
o
A
C
Can interchange with:FL, D3, T3 & ET
Appear:- w4 of IM
wB of ZZ
wE of CT
ZZ
D
ZZ
,
B
CT
Cor – Cor – Cor - Cor - Cor
Expanding Triangle
E