Tag: 3-3-3-3-3

Corrective Patterns & Geometry

Contracting Triangle Elliott Wave Pattern

by Marko Krivokapic Reviewed & Written by Professional

When market participants enter an extended phase of structural indecision, price energy does not dissipate into random noise. Instead, it coils into one of the most mathematically elegant patterns in all of technical geometry: the Contracting Triangle. Bound between converging upper and lower boundary trendlines, a Contracting Triangle reflects a progressive decay in volatility, amplitude, […]

Corrective Patterns & Geometry

Expanding Triangle Corrective Pattern

by Marko Krivokapic Reviewed & Written by Professional

While the contracting triangle represents a gradual loss of market volatility toward a tight geometric point, the market occasionally exhibits the exact opposite behavioral phenomenon: emotional contagion. When mass psychology loses its structural anchor, price swings do not contract—they expand wildly in both directions, establishing progressively higher highs and lower lows. I classify this volatile […]