Triangle 📉📈🔀
There are Two types of the Triangle pattern :
- Contracting Triangle
- Expanded Triangle
First : The Contracting Triangle pattern
📍Its places
- Wave 4 and B of a ZigZag
- Wave E of a Triangle
- Waves : Waves X and XX of a ZigZag and waves Y and Z of a complex .
Its rules :
- Consists of Five waves : ABCDE
- Each wave does not exceed the previous wave expect wave B
- If Wave B exceeds the start of wave A we call it irregular triangle pattern
- The waves ABCDE are correction and usually from the ZigZag form
Second : The Expanded Triangle
📍Its places :
- We can see it in the waves 4 and B from a Zigzag
- The waves X and XX from a combination pattern
📝 Its rules :
- Consists of Five waves ABCDE
- Each wave is longer than its previous wave
- Each wave is a correction and usually in the ZigZag Form
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