medium · Elliott Wave Theory alternation
Which specific risk does a trader face if they ignore the guideline of alternation during a Wave 4 correction?
- Prematurely entering a trade expecting the trend to resume before the consolidation has finished.
- Missing a countertrend move by wrongly expecting Wave 4 to overlap Wave 1's exact territory.
- Failing to recognize the guideline that Wave 3 is never the shortest impulse wave.
- Mistaking a completed five-wave motive move for a simple three-wave zigzag correction, misreading the trend.
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