Ending Diagonal

Subwaves 1, 2, 3, 4, 5 are corrective., either a Zigzag
Only forms as fifth waves of Impulse Wave and C Wave of Zigzags and Flats
Wave 5 can end either on or slightly above or below the 1-3 trendline. If Wave 5 moves beyond that trendline, it is called a throw-over and it is followed by a swift and sharp reversal to bring back the price where the diagonal began and usually far further.