The Elliott Double Combo Wave (WXY) drawing object is used to mark complex corrective wave structures on the chart according to Elliott Wave analysis. It helps traders visually label a double correction pattern that consists of two corrective structures connected by an intermediate wave.
You can use Elliott Double Combo Wave (WXY) to:
• mark waves W, X, and Y on the chart;
• analyze complex corrective price movements;
• separate combined correction phases from impulse movements;
• make Elliott Wave analysis clearer and easier to review.
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article