Diagonal Triangle
Occurs only in 5th or C Wave
Subdivide into 3-3-3-3-3
sometimes have sharp, last gasp break through trend line
subsequent moves are sharp
Occurs only in 5th or C Wave
Subdivide into 3-3-3-3-3
sometimes have sharp, last gasp break through trend line
subsequent moves are sharp
Note
Oil is moving perfectly inline with the chart.Oil might punch through the upper trend only for a very short period of time (piercing) and would fall like a knife from there.
Related publications
Disclaimer
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.
Related publications
Disclaimer
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.