medium · Elliott Wave Theory corrective
Why is the Wave 2 position an invalid location for a standalone triangle?
- Triangles only occur in the wave preceding the final motive move of a sequence
- A triangle appearing in Wave 2 would directly violate the overlap rule
- Wave 2 must always unfold internally as a sharp, zigzag correction pattern
- Wave 2 must retrace at minimum 50 percent of Wave 1's price to be structurally valid
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