another freebie although you may have to use the free...

another freebie although you may have to use the free subscribers area for this

i have used this pattern over and over and in one of my earlier trades i posted on here you can see how this patterning was used in real time

http://www.elliottwave.com/grpcontent/patterns/diagonals.aspx

i have the suspicion you'll have to subscribe and its free

the video is worth the watch......you shouldnt just look for patterns, of course, not in isolation and patterns need context and you need to understand the relative size so that the time horizon and price extremes/levels don't become awash......still RN Elliott hs two of the most undeniable precepts of the auction (the second being the only valid channel drawing i've ever seen)