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Nope. 2nd waves can also be any of the above, and I need to double
check this, but I believe x-waves can be also. These are all
corrective (non-impulse) three wave moves. There is another kind of
triangle also, called a diagonal (terminal) triangle, which can be in
a c-wave or a fifth wave, but that actually is equivalent to a wedge
in classical technical analysis, and not a triangle.
Steve
--- In realtraders@xxxx, "Michael Ferguson" <wl7bdn@xxxx> wrote:
> Steve, are all triangles, zigzags, flats, and irregular flats B's
or 4's?
>
>
> > >
> > > 4. Are triangles suppossed to be always B's or 4's? No, not at
all.
> > B's and 4's are corrections, period. They can be triangles,
zigzags,
> > flats or irregular flats.
>
> Michael
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