medium · Elliott Wave Theory
What happens to the slope of successive motive waves (1, 3, 5) within an Ending Diagonal triangle?
- The slope is determined solely by the volume spike in Wave 3.
- The slopes of Waves 1 and 5 must be perfectly parallel.
- The slope flattens progressively (θ_1 > θ_3 > θ_5).
- The slope steepens as the wedge narrows.
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