TheAnonymousBanker

[EW COURSE] LEANDING DIAGONAL TRIANGLES

Education
FX:AUDUSD   Australian Dollar / U.S. Dollar
The diagonal triangle is a particular type of wave composed of Five minor movements that move within two trendlines, both ascending (or descending), converging in the direction of main trend.

Diagonal triangles substitute for impulses at specific locations in the wave structure. They are the only five-wave structures in the direction of the main trend within which Wave 4 almost always moves into the price territory of (i.e., overlaps) Wave 1.


This pattern we like very much!! ...and we use it on 30' and H1 TF.


Thank you very much for your support, and we hope this analysis can help you in your Trading Plan!!
...support us with your "ILIKE"!! Happy Trading!!


🔔 2024 Forex Long Term Analysis:
🌐 anonymousbanker.org/
🥇 Crypto Exchange:
🌐 bit.ly/CryptExchange

Analysis made with 💝
By Anonymous Banker
A TradingView Fan since 2015
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.