medium · Elliott Wave Theory
In a Triple Three (W-X-Y-X-Z), what is the typical relationship between the second X wave (X2) and the first X wave (X1)?
- The second X wave must retrace 100% of wave Y.
- The two X waves must be identical in duration and pattern.
- The second X wave is usually a 5-wave impulse.
- The second X wave is often shallower than the first.
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