Hello One of the practical advantages of EW is these patterns like Ending Diagonal because when you know these patterns you are able to predict trend movements and estimate reversal and corrective patterns. I am not sure about this ED but if it happens we can expect a time consuming pattern with sharp drop then. Please keep it as an immature idea in your mind Thanks
Note
if Ending Diagonal happens for wave 5 primary, it may take about 2 months to finish
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