CoursesThe STT Strategy: A Proven System for Every Timeframe

Elliott Wave Concepts: ZIG ZAG and Wyckoff Events

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What this lesson covers

This lesson covers zig zag structures and the Wyckoff events that accompany them, and shows where the Sniper Trading Technique fits within both. Daniel works through simple, double and triple zig zag formations, using marked levels on the chart to show where price is expected to push to and where it is likely to range. The value of recognising these shapes is that they tell you which part of a larger movement you are currently in, which changes whether you should be looking for a continuation or waiting. Setting them alongside Wyckoff events adds a read on what participants are doing while the structure forms. Together they give context for the entries the strategy produces rather than leaving them as isolated signals.