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Triangle Wave – Structure First of all, a triangle wave is a wave with a structure of 5 smaller waves inside, labeled A-B-C-D-E. Although there are several types of triangle waves, such as contracting triangle, barrier triangle, or running triangle, they all must contain 5 smaller waves inside. Occurrence: Wave 4 or Wave B Real-life...
XAUUSD Gold Price Following Elliott Wave Ending Diagonal: Sell at 1897-1900 and Retrace Gold has formed an Elliott Wave pattern called the Ending Diagonal, which occurs at the end of a trend and forecasts a price decline. This pattern will be confirmed if the price rises to 1897-1900 and then retraces. Strategy for the upcoming...
