Instead, a chromaticity diagram is better thought of as a 2D planar slice of a 3D color space, specifically the slice through all three standard unit vectors. From this conception, it's much more natural to plot a chromaticity diagram in an equilateral triangle, such as the diagram at [1]. A plot in a triangle makes it clear, for instance, that the full color gamut in XYZ space isn't some arbitrary, weird, squished shape, but instead was intentionally chosen in a way that fills the positive octant pretty well given the constraints of human vision.
[1]: https://physics.stackexchange.com/questions/777501/why-is-th...