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Exclusive Elliott Wave Labels by Jack Huyn

Jack Hyun is proud to have 10 years of experience in researching and analyzing the trend of gold, stocks, forex and commodity markets based on the Elliott Wave Principle. To help you readers easily understand Jack Huyn’s Elliott Wave analysis, I will show hereby an overview on common Wave Levels and exclusive Wave Labels by Jack Huyn.

Through the process of improvement and development, Advanced Elliott Wave patterns consist of 11 wave levels as follows:

1) Grand Supercycle: lasts from several decades to several centuries
2) Supercycle: lasts from several years to several decades
3) Cycle: lasts from several quarters to several years
4) Primary: lasts from several months to several years
5) Intermediate: lasts from several months to several quarters
6) Minor: lasts from several weeks to several quarters
7) Minute: lasts from several weeks to several months
8) Minuette: lasts from a few days to months
9) Subminuette: lasts from a few days to a few weeks
10) Micro: lasts from several hours to several days
11) Submicro: lasts from a few minutes to a few hours

Each Elliott wave pattern itself is the construction structure of a larger Elliott wave pattern called the next higher wave level.

An impulsive wave followed by a corrective wave forms an Elliott wave level, including the trend and counter-trend correction. Trend waves are indicated by an ordinal number (1, 2, 3, 4, 5) or Roman numerals (I, II, III, IV, V, i, ii, iii, iv, v. ). Corrective waves are denoted by letters. Basic corrective waves are denoted with the letters at the beginning of the alphabet such as A, B, C, D, E, while complex corrective waves are denoted by letters at the end of the alphabet such as W, X, Y, Z. 

To distinguish the wave levels, symbols can be formatted in different colors or represented by diacritics such as circles, parentheses, square brackets, etc.

Below is a convention for the name of the waves according to the corresponding wave levels exclusively labeled by Jack Huyn:

Along with many world experts, I hope to make a small contribution to the widespread popularization of Elliott Wave Theory developed by Ralph Nelson Elliott.

By Jack Huyn

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