hard · Elliott Wave Theory

If an impulse wave is composed of 21 sub-waves at two degrees of trend lower, what is the mathematical derivation of this count?

  1. Seven swings of 3 waves each in a triple zigzag
  2. A standard 5-wave impulse plus a 13-wave extension
  3. Five waves of 4 sub-waves plus a concluding X wave
  4. Three motive waves of 5 sub-waves each, plus two corrective waves of 3 sub-waves each

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