12345 elliott waves
Comment:
It,s leading expanding diagonal pattern
Comment:
The main rules for a leading 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.
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.