medium · Elliott Wave Theory complex
According to the Elliott Wave Principle, which of the following is an absolute requirement for a corrective combination, distinguishing it from a single expanded flat?
- Wave B must exceed the origin of Wave A by at least 123.6%.
- The final leg must be a five-wave impulse move in the direction of the correction.
- It must always appear in the Wave 2 position.
- The presence of one or more X-wave connectors linking basic patterns.
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