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Guidelines for expanding broadening triangles indicate that each wave needs to retrace atleast 100% of the previous wave and optimally between 105% and 125% but not more than 150% +/- a few percent on all measures. In terms of the triangle as it progresses, each move in the triangle will be a greater number of points but a lesser amount of percent of each prior wave, and therefore, limits the current wave to a maximum of the pervious wave’s retracement percent but usually prefers a fibo relationship percentagewise.
