Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Antonio_Diaz / Getty Images A Wolfe Wave is a chart pattern composed of five ...

-Zigzags subdivide as an A-B-C (5-3-5) sequence -Many times, wave C can be estimated using common rations and channeling In Elliott Wave theory, a zig zag is a pattern consisting of 3 waves labeled ...

Elliott Wave Theory is my favorite style of analysis in that it has a small set of rigid rules, several guidelines, and a limited number of patterns to follow. If you can identify the patterns ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...