Trader: Expanding Triangle

Elliott Wave.016-001

Expanding Triangle


Most rules are the same as for contracting triangles, with these differences:

  • Wave C, D, and E each move beyond the end of the preceding same-directional subwave. (The result is that going forward in time, a line connecting the ends of waves B and D diverges from a line connecting the ends of waves A and C.)
  • Subwaves B, C, and D each retrace at least 100 percent but no more than 150 percent of the preceding subwave.


Most guidelines are the same as contracting triangle, with these differences:

  • Subwaves B. C and D usually retrace 105 to 125 percent of the preceding subwave.
  • No subwave has yet been observed to subdivide into a triangle.