A leading Diagonal is simply a motive wave pattern described by Elliott that is not an impulse( a five wave pattern that doesn’t contain wave overlap) while a leading Diagonal is such like a sideways motive pattern indicating how weak a reversal is starting say minds unstable about the beginning and it’s often followed by a sharp corrective wave but mustn’t extend the motion.
Check the previous tag below.
Check the previous tag below.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.