💨𝙀𝙡𝙡𝙞𝙤𝙩𝙩 𝙒𝙖𝙫𝙚 𝙋𝙖𝙩𝙩𝙚𝙧𝙣: 𝘿𝙞𝙖𝙜𝙤𝙣𝙖𝙡🌊

●●● 𝘿𝙞𝙖𝙜𝙤𝙣𝙖𝙡 (D)

❗❗ 𝙂𝙚𝙣𝙚𝙧𝙖𝙡 𝙧𝙪𝙡𝙚𝙨

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

❗ 𝙂𝙚𝙣𝙚𝙧𝙖𝙡 𝙜𝙪𝙞𝙙𝙚𝙡𝙞𝙣𝙚𝙨

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

●● 𝘾𝙤𝙣𝙩𝙧𝙖𝙘𝙩𝙞𝙣𝙜 𝘿𝙞𝙖𝙜𝙤𝙣𝙖𝙡 (Contr.D)

❗❗ 𝙍𝙪𝙡𝙚𝙨

● 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.
● 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.

❗ 𝙂𝙪𝙞𝙙𝙚𝙡𝙞𝙣𝙚𝙨

● In the contracting variety, wave 5 usually ends beyond the end of wave 3. (Failure to do so is called a truncation.)
● 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.
● 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.

●● 𝙀𝙭𝙥𝙖𝙣𝙙𝙞𝙣𝙜 𝘿𝙞𝙖𝙜𝙤𝙣𝙖𝙡 (Exp.D)

❗❗ 𝙍𝙪𝙡𝙚𝙨

● 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.
● 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.
● Wave 5 always goes beyond the end of wave 3.

❗ 𝙂𝙪𝙞𝙙𝙚𝙡𝙞𝙣𝙚𝙨

● Waves 2 and 4 each usually retrace .66 to .81 of the preceding wave.
● 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.
● 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 .