Leading Diagonal
Leading Diagonal in Elliott Wave Theory: A wedge-shaped motive pattern appearing only in the Wave 1 or Wave A position. It consists of five overlapping waves (either 5-3-5-3-5 or 3-3-3-3-3). Leading diagonals signal the beginning of a new trend and are relatively rare.
What Leading Diagonal Means
A wedge-shaped motive pattern appearing only in the Wave 1 or Wave A position. It consists of five overlapping waves (either 5-3-5-3-5 or 3-3-3-3-3). Leading diagonals signal the beginning of a new trend and are relatively rare.
Where You'll See It
Leading 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