medium · Elliott Wave Theory complex
In a Primary-degree Wave 4 consolidation, wave W completes as a regular flat. Price then moves in a three-wave corrective pattern labeled X, which retraces 45% of wave W. Wave Y begins.
According to the rules for combinations, which of the following internal structures is forbidden for the Y component of this double three?
- A zigzag labeled A-B-C with a 5-3-5 internal count.
- An expanded flat labeled a-b-c.
- A contracting triangle labeled A-B-C-D-E.
- A simple impulse wave labeled 1-2-3-4-5.
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