PepsiCo, Inc.Educacional
Diagonals in Elliottwave
Some old and new rules when it comes to diagonals.
Further notice can be added that diagonals actionary waves can be composed either by zig zags or impulses
so Waves
1/3/5 can be Impulse
or
1/3/5 zig zags
We cant have hybrids where we mix zig zags and impulses.
Actionary waves in ending diagonals can only be formed by zig zags and never Impulses.
Every reactionary wave (or corrective wave) in a diagonal must be a zig zag (or a zig zag family, meaning double or tripple sharp zig zag)
Further notice can be added that diagonals actionary waves can be composed either by zig zags or impulses
so Waves
1/3/5 can be Impulse
or
1/3/5 zig zags
We cant have hybrids where we mix zig zags and impulses.
Actionary waves in ending diagonals can only be formed by zig zags and never Impulses.
Every reactionary wave (or corrective wave) in a diagonal must be a zig zag (or a zig zag family, meaning double or tripple sharp zig zag)
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