Pattern
Leading Diagonal
A wedge-shaped motive pattern appearing only in the Wave 1 or Wave A position. It consists of five overlapping waves (either 5-3-5-3-5 or 3-3-3-3-3). Leading diagonals signal the beginning of a new trend and are relatively rare.
RELATED TERMS
Diagonal
A motive pattern with overlapping waves that forms a wedge shape. Leading diagon...
Ending Diagonal
A wedge-shaped pattern appearing in the Wave 5 or Wave C position. It consists o...
Wave 1
The first impulse wave in a five-wave sequence. Wave 1 is often the hardest to i...
Wave A
The first wave of a corrective sequence (A-B-C). Wave A establishes the correcti...