Leading diagonals are impulse waves that often show overlap, similar to ending diagonals. They occur in the wave 1 position of an impulse wave and the A wave position of a zigzag. Their subdivisions usually consist of 3 wave structures, although waves 1, 3, and 5 can, on rare occasions, subdivide into 5 wave structures. Following a leading diagonal in wave 1, a deep retracement typically occurs, reaching the 0.618 or 0.764 Fibonacci levels.
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