Diagonal Rules

Question 1

Diagonal

Valid structures for W1 in LD?

Answer 1

Impulse or LD.

Question 2

Diagonal

Valid structure for W1 in ED?

Answer 2

Must be a ZZ family pattern.

Question 3

Diagonal

Which corrective pattern is forbidden in W2 DIA?

Answer 3

TRI

Question 4

Diagonal

W2’s price constraint

Answer 4

Must be < W1 by price

Question 5

Diagonal

DIA: Required structure for W3 in LD

Answer 5

Always an Impulse

Question 6

Diagonal

Required structure for W3 in ED?

Answer 6

Must be a ZZ family pattern.

Question 7

Diagonal

W3’s price requirement

Answer 7

Must be > W2 by price.

Question 8

Diagonal

Allowed patterns for W4?

Answer 8

Any corrective pattern.

Question 9

Diagonal

Required structure for W5 in LD?

Answer 9

Impulse or ED.

Question 10

Diagonal

Required structure for W5 in ED?

Answer 10

Must be a ZZ family pattern.

Question 11

Diagonal

Restriction for W5 in LD:

Answer 11

If W1 is LD, W5 cannot be ED.

Question 12

Diagonal

Overlap rule for W2 and W4:

Answer 12

They must overlap or be within 10% of W3’s length.

Question 13

Diagonal

Time constraint for W4:

Answer 13

Must be between 10% and 10x the duration of W2.

Question 14

Diagonal

W5’s price requirement vs. W4:

Answer 14

Must be ≥80% of W4 by price.

Question 15

Diagonal

W5’s price constraint vs. W1 and W3:

Answer 15

W5 must be < W3 by price.

Question 16

Diagonal

W5’s length rule:

Answer 16

W5 is never the longest wave compared to W1 and W3.

Question 17

Diagonal

What defines the channel lines in a Diagonal?

Answer 17

Must converge, slope in the same direction, and never be horizontal.

Question 18

Diagonal

W5’s position relative to the channel lines:

Answer 18

W5 must stay within the channel lines or be within 10% of gross movement.

Question 19

Diagonal

Intersection of channel lines:

Answer 19

Must be beyond the end of the pattern.

Question 20

Diagonal

Maximum prediction for channel line intersection:

Answer 20

Up to 4 pattern lengths into the future.

Question 21

Diagonal

W3’s rule vs. W1 and W5:

Answer 21

W3 must not be shorter than both W1 and W5.

Question 22

Diagonal

Minimum and maximum time for W5:

Answer 22

≥10% of W4 and ≤5x W3.

Question 23

Diagonal

W5’s minimum time constraint:

Answer 23

≥10% of W4’s time.

Question 24

Diagonal

W5’s maximum time constraint:

Answer 24

≤5x W3’s time.

Question 25

Diagonal

If W1 is a LD, W5 cannot be a ___.

Answer 25

ED

Question 26

Diagonal

W3 in a LD must be a ___.

Answer 26

Impulse.

Question 27

Diagonal

W5 in an ED must be a ___.

Answer 27

ZZ family pattern.

Question 28

Diagonal

W5 must be __% of W4 by price.

Answer 28

≥80%.

Question 29

Diagonal

What are Diagonals in Elliott Wave theory?

Answer 29

Diagonals are five-wave patterns that move within two converging channel lines, including Leading Diagonals (LD) and Ending Diagonals (ED).

Question 30

Diagonal

What must Channel Lines in Diagonals do?

Answer 30

They must converge, slope in the same direction, and neither be horizontal.