re: elliot corrective wave (b) commenced
Wave Forms in Corrective Wave
Corrective Wave forms are rather complicated, but basically we can categorize them into six major wave forms:
Zig-Zag : abc pattern composed of 5-3-5 sub-wave structure.
Flat : abc pattern composed of 3-3-5 sub-wave structure, with b equals a.
Irregular : abc pattern composed of 3-3-5 sub-wave structure, with b longer than a.
Horizontal Triangle : 5-wave triangular pattern composed of 3-3-3-3-3 sub-wave structure.
Double Three : abcxabc pattern composed of any two from above, linked by x wave.
Triple Three : abcxabcxabc pattern composed of any three from above, linked by two x waves.
