Ending Diagonal
Ending Diagonal in Elliott Wave Theory: A wedge-shaped pattern appearing in the Wave 5 or Wave C position. It consists of five waves where each sub-wave subdivides into three (3-3-3-3-3). Both trendlines converge, and Wave 4 overlaps Wave 1 territory. It signals exhaustion of the larger trend.
What Ending Diagonal Means
A wedge-shaped pattern appearing in the Wave 5 or Wave C position. It consists of five waves where each sub-wave subdivides into three (3-3-3-3-3). Both trendlines converge, and Wave 4 overlaps Wave 1 territory. It signals exhaustion of the larger trend.
AAPL forms an ending diagonal in Wave 5 where price squeezes between converging trendlines before a sharp reversal.
Where You'll See It
Ending Diagonal appears regularly in Artavest's weekly wave-count analysis across 108 US stocks and ETFs. It's part of the pattern family of Elliott Wave concepts and shows up most often when analysts are identifying a specific wave pattern (diagonal, ending diagonal, leading diagonal, triangle subtype, etc.).
- → Elliott Wave Theory Guide — the 5-3 pattern, rules, Fibonacci, wave degrees
- → Elliott Wave Cheat Sheet — the 3 absolute rules and 6 Fibonacci relationships
- → Our Methodology — how Artavest analysts count waves on 108 US instruments