โ A triangle always subdivides into five waves. โ At least four waves among waves A, B, C, D and E are subdivided into a single zigzag . โ A triangle never has more than one complex subwave, in which case it is always a multiple zigzag or a triangle.
โ Usually, wave C subdivides into a "multiple zigzag" that is longer lasting and contains deeper percentage retracements than each of the other subwaves. โ Usually, wave D subdivides into a "multiple zigzag" that is longer lasting and contains deeper percentage retracements than each of the other subwaves. โ Alternating waves of a triangle may be in Fibonacci proportion to each other by a ratio of 0.618 for contracting triangles and 1.618 for expanding triangles. For example, in a contracting triangle, look for wave C to equal 0.618 of wave A. โ A triangle can be wave 4 impuls, wave B of a zigzag , wave X of a double or second wave of an X of a triple zigzag , sub-wave C, D or E of a triangle and the last structure of a combination. __________________________ โโ ๐พ๐ค๐ฃ๐ฉ๐ง๐๐๐ฉ๐๐ฃ๐ ๐๐ง๐๐๐ฃ๐๐ก๐ (Contr.T โ CT)
โ๏ธโ๏ธ ๐๐ช๐ก๐๐จ
โ Wave C never moves beyond the end of wave A, wave D never moves beyond the end of wave B, and wave E never moves beyond the end of wave C. The result is that going forward in time, a line connecting the ends of waves B and D converges with a line connecting the ends of waves A and C. โ Waves A and B never subdivide into a triangle. โ In a running triangle, wave B should be no more than twice as long as wave A. (Q&A EWI)
โ๏ธ ๐๐ช๐๐๐๐ก๐๐ฃ๐๐จ
โ Sometimes one of the waves, usually wave C, D or E, subdivides into a contracting or barrier triangle. Often the effect is as if the entire triangle consisted of nine zigzags. โ About 60% of the time, wave B goes beyond the beyond the start of wave A. When this happens, the triangle is called a running triangle. __________________________ โโ ๐ฝ๐๐ง๐ง๐๐๐ง ๐๐ง๐๐๐ฃ๐๐ก๐ (Barr.T โ BT)
โ๏ธโ๏ธ ๐๐ช๐ก๐๐จ
โ Wave C never moves beyond the end of wave A, wave D never moves beyond the end of wave B, and wave E never moves beyond the end of wave C. The result is that going forward in time, a line connecting the ends of waves B and D converges with a line connecting the ends of waves A and C. โ Waves B and D end at essentially the same level. โ In a running triangle, wave B should be no more than twice as long as wave A. (Q&A EWI)
โ๏ธ ๐๐ช๐๐๐๐ก๐๐ฃ๐๐จ
โ About 60% of the time, wave B goes beyond the beyond the start of wave A. When this happens, the triangle is called a running barrier triangle. โ When wave 5 follows a triangle, it is typically either a brief, rapid movement or an exceptionally long extension.
โ๏ธ ๐๐ค๐ฉ๐๐จ
โ We have yet to observe a 9-wave barrier triangle, implying that this form may not extend. __________________________ โโ ๐๐ญ๐ฅ๐๐ฃ๐๐๐ฃ๐ ๐๐ง๐๐๐ฃ๐๐ก๐ (Exp .T โ ET)
โ๏ธโ๏ธ ๐๐ช๐ก๐๐จ
โ Wave C, D and E each moves beyond the end of the preceding same-directional subwave. (The result is that going forward in time, a line connecting the ends of waves B and D diverges from a line connecting the ends of waves A and C.) โ Subwaves B, C and D each retrace at least 100 percent but no more than 150 percent of the preceding subwave.
โ๏ธ ๐๐ช๐๐๐๐ก๐๐ฃ๐๐จ
โ Subwaves B, C and D usually retrace 105 to 125 percent of the preceding subwave.
โ๏ธ ๐๐ค๐ฉ๐๐จ
โ No subwave has yet been observed to subdivide into a triangle.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.