medium · Elliott Wave Theory
When Wave 1 extends, Wave 3 is often shorter but must still contain a 5-wave sub-structure.
How does institutional practice classify these sub-waves?
- Extended sub-waves 1 and 2.
- Corrective sub-waves A, B, and C of Wave 3.
- Motive sub-waves W, X, and Y.
- Motive sub-waves i, iii, and v of Wave 3.
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