Elliott Wave Club official 🚀
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Mastering Market Cycles with the Art of Elliott Wave Trading

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Educational Post 📒

DIAGONAL

▪️This pattern subdivides into 5 waves.

▪️Wave 2 never ends beyond the starting point of wave 1.

▪️Wave 3 always breaks the ending point of wave 1.

▪️Wave 4 usually breaks beyond the ending point of wave 1.

▪️Wave 5 in the absolute majority of cases breaks the ending point of wave 3.

▪️Wave 3 can't be the shortest.

▪️Wave 2 can't be a triangle or a triple three structure.

▪️Waves 1, 3 and 5 can be formed like impulses or zigzags.
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