![]() But in type 1, waves 1,3,5 have an internal structure of three waves. The core difference between diagonal triangle type 1 and diagonal triangle type 2 is waves 1,3,5 have an internal structure of five waves in type 2. Diagonal triangle type 2 Diagonal triangle type 2 Unfortunately, traders sometimes confuse these patterns with corrective triangles. ![]() Diagonal triangle type 1 Diagonal triangle type 1ĭiagonals are one kind of impulsive pattern. When third wave extends then we will call it extension3Īnd when fish wave extends, then we will call it extension5 4. When first wave extensions, then we will name it extension1. In most cases, this extension happens in the third wave. For example, in the extension pattern, 1,3,5 waves will be extended. In the impulsive pattern, extended pattern forms. Extension patterns wave analysis- extension pattern Remember wave 2 will not be longer than wave 1, and wave 4 will not overlap wave 1. Waves 1,3,5 are impulsive moves, and the length of these 3 will be almost the same. Environmental Studies Notes PDF for BCOM and BBA 2023 13 elliott wave patterns pdf 1.
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