In 1934, Elliott ... diagonal, wave 4 can overlap wave 1 in contrast to the basic rule. In these patterns, wave 5 tends to overshoot (or undershoot) the border trendline. Finally, we have the ...

Ending diagonal’s are just as the name implies, an ending wave of a larger Elliott wave sequence. Ending diagonal patterns tend to be swiftly retraced. Therefore, a higher likelihood scenario is ...

Wave III started in late August 2022 and then completed an expanding diagonal structure for wave (1) of III before a double zigzag structure for wave (2) in May 2023 and October 2023 respectively.