Quote:
Originally Posted by kaori
Can you diagram where waves 1,3 and 5 of your supposed Leading Diagonal are standalone 5 wave impulsive structures? Because I don't see it.
From the neighbour table just a comment for your thread, leading diagonal do not have any impulse waves, only ending diagonal does - just as Big Mike pinpointed out below.
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Hi Kaori,
I suggest you take a look at pages 37-41 of the Elliott Wave Principle. Ending Diagonals have a 3-3-3-3-3 structure, while Leading Diagonals have a 5-3-5-3-5 structure. Here is a quote from the book:
Leading Diagonal (pg. 40 of EWP)
"When diagonal triangles occur in the wave 5 or C position, they take the 3-3-3-3-3 shape that Elliott described. However, it has recently come to light that a variation on this pattern occasionally appears in the wave 1 position of impulses and in the wave A position of zigzags. The characteristic overlapping of waves 1 and 4 and the convergence of boundary lines into a wedge shape remain as in the ending diagonal triangle.
However, the subdivisions are different, tracing out a 5-3-5-3-5 pattern. The structure of this formation fits the spirit of the Wave Principle in that the five-wave subdivisions in the direction of the larger trend communicate a continuation message as opposed to the "termination" implication of the three-wave subdivisions of the ending diagonal."
