hard · Elliott Wave Theory

What is the structural requirement for the internal waves of an 'Expanding Triangle' labeled A-B-C-D-E?

  1. Every wave must be a 3-wave corrective structure.
  2. Waves A, C, and E must be 5-wave impulses.
  3. The pattern must begin with a 5-wave impulse labeled A.
  4. Waves B and D must be triangles of one lesser degree.

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