medium · Elliott Wave Theory
When an ending diagonal completes the fifth wave of a Primary-degree impulse, what is the consequence for the 'Orthodox High' of the move?
- The orthodox high is reset to the point of origin after the reversal completes
- There is no orthodox high in diagonal patterns due to the overlap
- The orthodox high remains at the peak of the third wave
- The orthodox high is the peak of the fifth wave of the diagonal
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