What is the Difference Between a Diagonal and a Triangle in Elliot Wave Principle?
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# What is the Difference Between a Diagonal and a Triangle in Elliot Wave Principle?

I am reading the Elliot Wave Principle by Prechter but it doesn't seem to give specific distinctions between a diagonal and a triangle.

Thank You!

### Comments for What is the Difference Between a Diagonal and a Triangle in Elliot Wave Principle?

 Diagonals are Triangles by: Kenny Diagonals are types of triangles, it is just that the term is often shortened. In Elliott Wave Principle there are 3 types of triangle described...1. Leading Diagonal Triangle2. Ending Diagonal Triangle3. Horizontal TriangleThe defining factor is the internal wave count of the patterns.Leading diagonal triangles subdivide into a 5-3-5-3-5 wave count where waves 1,3 and 5 are normal 5 wave impulsive moves. The key factor here is that wave 4 overlaps wave 1. Leading diagonals can only appear in the waves 1 or A positions.Ending diagonals can only appear as 5th or C waves and subdivide into 3-3-3-3-3. Horizontal triangles are corrective consolidation moves and subdivide 3-3-3-3-3....these can only appear in the 4th and B wave positions.You can find some more info on triangles in the Elliott Wave section.Hope that helps.Kenny.

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