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Mar 8, 2024 1:19 PM

Diagonals in Elliottwave Education

Pepsico, Inc.NASDAQ

Description

Some old and new rules when it comes to diagonals.

Further notice can be added that diagonals actionary waves can be composed either by zig zags or impulses

so Waves
1/3/5 can be Impulse
or
1/3/5 zig zags

We cant have hybrids where we mix zig zags and impulses.

Actionary waves in ending diagonals can only be formed by zig zags and never Impulses.

Every reactionary wave (or corrective wave) in a diagonal must be a zig zag (or a zig zag family, meaning double or tripple sharp zig zag)
Comments
SellHiBuyLow
Thanks for the info.
NYAZ13
Interesting. Thank you. psychology is changing
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