hard · Elliott Wave Theory complex

Which discriminating principle most decisively favors the double-three label, assuming the rules of each are otherwise satisfied?

1. If the middle move retraces and then the structure resumes sideways at a similar level via a clearly self-contained second three after a connecting move, the double three is favored, since a single flat cannot contain two independent complete corrections joined by an X wave
2. If the consolidation ends beyond the start of the whole structure, the expanded flat is favored because a flat's B wave alone can travel well past the prior extreme, whereas a double three formed from two threes joined by an X wave rarely displaces net price that far
3. If the C wave subdivides as a clean five-wave move, the double three label is favored, since conventional Elliott theory holds that each constituent three inside any combination must terminate in a five-wave leg to properly validate the connecting X wave linking the two components
4. If the entire structure consumes noticeably more calendar time than the impulse wave it is correcting, the expanded flat is favored, because combinations are by definition meant to run shorter in duration than the single motive move that directly precedes them in the sequence

Sign up free to see the explanation and track your rank →