easy · Elliott Wave Theory

Consider a bull impulse with the following price lengths: Wave 1 = 15 points, Wave 3 = 12 points, and Wave 5 = 10 points.

Is this count valid according to the cardinal rules?

  1. Yes, it is valid
  2. Yes, as long as it is a diagonal
  3. No, Wave 3 is the shortest
  4. No, Wave 5 is too short

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