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๐Ÿ’จ๐™€๐™ก๐™ก๐™ž๐™ค๐™ฉ๐™ฉ ๐™’๐™–๐™ซ๐™š ๐™‹๐™–๐™ฉ๐™ฉ๐™š๐™ง๐™ฃ: ๐˜ฟ๐™ž๐™–๐™œ๐™ค๐™ฃ๐™–๐™ก๐ŸŒŠ

6โ€ฏ209
โ—โ—โ— ๐˜ฟ๐™ž๐™–๐™œ๐™ค๐™ฃ๐™–๐™ก (D)
snapshot

โ—โ— ๐™‚๐™š๐™ฃ๐™š๐™ง๐™–๐™ก ๐™ง๐™ช๐™ก๐™š๐™จ

โ— A diagonal always subdivides into five waves.
โ— Wave 2 never goes beyond the start of wave 1.
โ— Wave 3 always goes beyond the end of wave 1.
โ— Wave 4 never moves beyond the end of wave 2.
โ— Wave 4 always ends within the price territory of wave 1 (overlap).
โ— An ending diagonal always appears as wave 5 of an impulse or wave C of a zigzag or flat.
โ— A leading diagonal always appears as wave 1 of an impulse or wave A of a zigzag.
โ— Waves 1, 2, 3, 4 and 5 of an ending diagonal, and waves 2 and 4 of a leading diagonal, always subdivide into zigzags.
โ— In a leading diagonal, wave 5 always ends beyond the end of wave 3.

โ— ๐™‚๐™š๐™ฃ๐™š๐™ง๐™–๐™ก ๐™œ๐™ช๐™ž๐™™๐™š๐™ก๐™ž๐™ฃ๐™š๐™จ

โ— Waves 1, 3 and 5 of a leading diagonal usually subdivide into zigzags but sometimes appear to be impulses (all zigzags or all impulses).
โ— Within an impulse, if wave 1 is a diagonal, wave 3 is likely to be extended.
โ— Within an impulse, wave 5 is unlikely to be a diagonal if wave 3 is not extended.
โ— A leading diagonal in the wave one position is typically followed by a zigzag retracement of 78.6%.

โ—โ— ๐˜พ๐™ค๐™ฃ๐™ฉ๐™ง๐™–๐™˜๐™ฉ๐™ž๐™ฃ๐™œ ๐˜ฟ๐™ž๐™–๐™œ๐™ค๐™ฃ๐™–๐™ก (Contr.D)

โ—โ— ๐™๐™ช๐™ก๐™š๐™จ

โ— In the contracting variety, wave 3 is always shorter than wave 1, wave 4 is always shorter than wave 2, and wave 5 is always shorter than wave 3.
โ— Going forward in time, a line connecting the ends of waves 2 and 4 converges towards with the line connecting the ends of waves 1 and 3.

โ— ๐™‚๐™ช๐™ž๐™™๐™š๐™ก๐™ž๐™ฃ๐™š๐™จ

โ— In the contracting variety, wave 5 usually ends beyond the end of wave 3. (Failure to do so is called a truncation.)
โ— In the contracting variety, wave 5 usually ends at or slightly beyond a line that connects the ends of waves 1 and 3. (Ending beyond that line is called a throw-over.
โ— In the contracting variety, wave 3 may be equal .618 to .786 the length of wave 1, and wave 5 may be equal .618 to .786 the length of wave 3.

โ—โ— ๐™€๐™ญ๐™ฅ๐™–๐™ฃ๐™™๐™ž๐™ฃ๐™œ ๐˜ฟ๐™ž๐™–๐™œ๐™ค๐™ฃ๐™–๐™ก (Exp.D)

โ—โ— ๐™๐™ช๐™ก๐™š๐™จ

โ— In the expanding variety, wave 3 is always longer than wave 1, wave 4 is always longer than wave 2, and wave 5 is always longer than wave 3.
โ— Going forward in time, a line connecting the ends of waves 2 and 4 diverges from with the line connecting the ends of waves 1 and 3.
โ— Wave 5 always goes beyond the end of wave 3.

โ— ๐™‚๐™ช๐™ž๐™™๐™š๐™ก๐™ž๐™ฃ๐™š๐™จ

โ— Waves 2 and 4 each usually retrace .66 to .81 of the preceding wave.
โ— In the expanding variety, wave 3 may be equal to 1.618 the length of wave 1, and wave 5 may be equal to 1.618 the length of wave 3.
โ— In the expanding variety, wave 5 usually ends slightly before reaching a line that connects the ends of waves 1 and 3.

Elliott Wave Principal 2005 and Q&A EWI .

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