Thursday, November 15, 2012

Ending diagonal:

Characters:






  • It is most dynamic elliott wave pattern.
  • It is termination pattern.
  • It is motive wave, subdivided into 5 waves.
  • It ushers( one who help other) trend reversal.
  • It is in the direction of main trend.
  • It is 33333 pattern.
  • wave 4 moves within the territory of wave 1.
Ending diagonal.
five wave subdivide into 3 each wave, indicates reversal.

Where it can be found:


wave 5/ C

previously diagonal was named as diagonal triangle but now changed.

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