Howdy Traders,
we already know that Triangle occurs in Corrective waves and Diagonal occurs in Impulsive waves.
Their are three type of Triangle
1)Expanding Triangle
2)contraction Triangle
3)barrier Triangle
Their are 2 types of Diagonal
1) Leading Diagonal
2) Ending diagonal
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This is the example to expanding diagonal
Rules :
wave C,D,E each moves beyond the end of the preceding same - directional sub wave.
sub waves B,C and D each retrace at least 100% but not more then 150.75 % of preceding sub wave.
sub waves B, C, D usually retrace 105 to 125 % of the preceding sub wave.
No sub wave has yes been observed to subdivide into a triangle
we already know that Triangle occurs in Corrective waves and Diagonal occurs in Impulsive waves.
Their are three type of Triangle
1)Expanding Triangle
2)contraction Triangle
3)barrier Triangle
Their are 2 types of Diagonal
1) Leading Diagonal
2) Ending diagonal
---------------------------------------------------------------------
This is the example to expanding diagonal
Rules :
wave C,D,E each moves beyond the end of the preceding same - directional sub wave.
sub waves B,C and D each retrace at least 100% but not more then 150.75 % of preceding sub wave.
sub waves B, C, D usually retrace 105 to 125 % of the preceding sub wave.
No sub wave has yes been observed to subdivide into a triangle