hard · Elliott Wave Theory
Within a developing impulse, wave 4 traces a flat correction whose B-subwave terminates slightly ABOVE the start of wave A (a 'running' or expanded-flat tendency), and this B-peak briefly enters the price territory of wave 1.
Which assessment is most consistent with orthodox rules?
- The count is invalid only if the termination of the entire wave 4 (its C-subwave low) overlaps wave 1's territory; an intra-correction B-wave poke into wave 1's range does not by itself break the non-overlap rule.
- The count is invalid the instant any subwave of wave 4 touches wave 1's price territory, since the non-overlap rule applies tick-by-tick to every internal movement.
- The count is invalid because expanded flats are forbidden as wave-4 corrections in an impulse and only zigzags may appear there.
- The count is automatically valid because the overlap rule is waived entirely whenever wave 4 is a flat rather than a zigzag.
Sign up free to see the explanation and track your rank →
More Elliott Wave Theory practice
- In a five-wave advance, Wave 1 is 10 points long, Wave 3 is… — How should this count be co
- A commodity price moves from $80 to $96, pullbacks to $88, t… — If an analyst identifies t
- Which is more likely?
- According to the Swing Count Validation technique, what should the trader conclude?
- Based on common Fibonacci relationships, how far might Wave C drop from the end of Wave B?
- An analyst sees a 'Close-Below-Prior-Swing Test' fire when p… — What does this likely sign
- According to the 'Fourth-Wave Target Zone' guideline, where is a correction most likely to
- According to the Guideline of Alternation, what should you expect for Wave 4?