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Pattern

Diagonal

A motive pattern with overlapping waves that forms a wedge shape. Leading diagonals appear in Wave 1 or Wave A position; ending diagonals appear in Wave 5 or Wave C position. Both subdivide into five waves.

EXAMPLE

An ending diagonal in Wave 5 shows converging trendlines with each sub-wave being a three-wave structure, signaling the final exhaustion of the trend.

RELATED TERMS

Leading Diagonal
A wedge-shaped motive pattern appearing only in the Wave 1 or Wave A position. I...
Ending Diagonal
A wedge-shaped pattern appearing in the Wave 5 or Wave C position. It consists o...
Wedge
A converging price pattern that narrows over time. In Elliott Wave context, wedg...
Descending TriangleAll TermsDivergence