# Running triangle and Leading Diagonals

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FX_IDC:EURINR   EURO / INDIAN RUPEE
Triangles are corrective patterns and diagonals are motive patterns.
Upon completing a triangular pattern the trend resumes.
Ending diagonal marks the end of a major wave or a trend and signals upcoming trend reversal or major correction.
Leading diagonal marks the start of a major wave or a trend after a major correction or reversal to previous trend. After a leading diagonal, a short correction can be expected before the trend resumes in the direction of leading diagonal.

In the previous post, the comparison is between running triangle and ending diagonals.

This post compares running triangle and leading diagonals.
Chart1: Running triangle and leaning diagonal in uptrend
As mentioned the comparison is in an uptrend. Accordingly upward move is termed as directional move and move to the downside is termed as non-directional.
A running triangle has non-directional momentum ie faster moves to the downside (wave A, C and E) than the upward moves (Waves B and D). These non-directional moves donot retrace the previous move completely.
On the contrary, Leading diagonal has directional momentum ie faster moves to the upside (waves 1, 3 and 5) in the direction of trend and these upward moves completely retrace the previous non-directional corrective moves (wave 2 and 4).

Chart2: Running triangle and leading diagonal in downtrend
As mentioned the comparison is in a downtrend. Accordingly downward move is termed as directional move and move to the upside is termed as non-directional.
A running triangle has non-directional momentum ie faster moves to the upside (wave A, C and E) than the downward moves (Waves B and D). These non-directional moves donot retrace the previous move completely.
On the contrary, Leading diagonal has directional momentum ie faster moves to the downside (waves 1, 3 and 5) in the direction of trend and these downward moves completely retrace the previous non-directional corrective moves (wave 2 and 4).

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