Elliott Wave Theory: Triangle Pattern

In an earlier post and in one of my earlier articles is written about the triangle pattern and the Elliot waves. The post and the article are on the following links

• “Chart Pattern: The Triangle Pattern”
• “Trading Forex Online? What Are Elliott Waves?”  

Focus in this post and the Elliot wave theory 
In this post is the focus on the triangle pattern in an Elliot wave; the focus is also on possible entry in an Elliot wave with a triangle pattern. The article “Trading Forex Online? What Are Elliott Waves?” described the theory; just to make the theory more understandable is the theory illustrated in the images.

The impulse and corrective waves 
The first image illustrates the Elliot wave theory; the impulse and corrective waves; the image illustrates also the pattern in the waves. 
The corrective waves 
The corrective waves are on the first image placed as a correction just after the last impulse wave; wave number 5. On the image below is the corrective waves also placed between the impulse waves as an A, B and C pattern. 
In the image is the corrective pattern illustrated as an A, B, C pattern; the pattern is a “zigzag” pattern but could also have been a “flat pattern” or both; a “zigzag” and “flat pattern” as in a triangle pattern.

The Elliott waves and the triangle pattern 
A triangle pattern is an A, B, C, D and E pattern that ends with a breakout; in the image is the triangle pattern between the 3 and 4 impulse waves; a good place to enter a trade as the impulse wave; number 5; isn’t the shortest of the 5 impulse waves.

 If the price develops as the theory describe an entry is made at E4.