In expanding Triangles, is it necessary for wave-d to overlap wave-b?

In expanding Triangles, is it necessary for wave-d to "overlap" wave-b?

Answer:

In all Triangles (expanding, contracting or neutral), it is essential that a portion of the price range of wave-d "overlap" a portion of the vertical price coverage of wave-b. It is also possible (especially in expanding Triangles) that the entire range of wave-b will be "engulfed" by the price range of wave-d but such behavior is not mandatory.

Click here to view NEoWave's Question Of The Week archive

Need a Private Consultation?

At specific times each week, Glenn Neely is available to answer questions, provide guidance, and offer individualized advice. This is an opportunity to speak directly with Mr. Neely to address your unique situation, advance your understanding of markets, and hone your trading and forecasting skills.

Cost is $20/minute, with a 10-minute minimum ($200 minimum charge).
Your credit card will be charged after the call.
To schedule a consultation, please click on the "Request a Consultation" button below and fill out the Contact form. Our Sales Manager, Magelan Ferreira, will respond to your request to arrange a consult with Mr. Neely.

REQUEST A CONSULTATION

QUESTION OF THE WEEK

In expanding Triangles, is it necessary for wave-d to "overlap" wave-b?

Answer:

Need a Private Consultation?