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QUESTION OF THE WEEK

Question of the Week: 9/27/2022

Can wave-B (in a Triangle) be the longest in price? If so, what Triangle variation is forming?

Answer:

Yes, wave-B can be longer in price than wave-A in nearly all Triangles. When that occurs, it tells you the post-Triangle "thrust" will be larger than normal.

Addressing the second part of your question, the variation of Triangle forming is not dependent on the size of wave-B in relation to wave-A; that is determined by whether wave-A, C or E is the largest in price of only those three. If wave-A is the largest in price, a Contracting Triangle formed. If wave-C is the largest, it's a Neutral Triangle. If wave-E is the largest in price, an Expanding Triangle is the correct description.
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