Triangles appear as the second-to-last wave in a sequence (wave 4 or wave B). After completion, a swift thrust occurs in the direction of the larger trend. Thrust target ≈ widest span of the triangle.
Description
The position of a triangle within the larger wave structure is specific and predictable. Triangles appear as the ‘penultimate’ wave — the next-to-last sub-wave before the final actionary wave. This makes them powerful setup patterns for trading the subsequent thrust.
Key Points
- Position: wave 4 of an impulse, or wave B of a zigzag or flat — never wave 2 or wave 1
- After the triangle completes → a sharp thrust follows: wave 5 (if the triangle was wave 4) or wave C (if wave B)
- Thrust target: approximately equal to the widest part of the triangle (from wave A start to wave B end)
- Thrust direction: in the direction of the larger trend (same direction as the wave before the triangle)
- Guideline: the apex of the triangle (convergence point of trendlines) often aligns with the time of the thrust’s peak
- Expanding triangles: the thrust target is also approximately the widest span, but measured differently
