medium · Elliott Wave Theory
In a standard 5-wave impulse, Wave 1 spans 100 points, Wave 3 spans 80 points, and Wave 5 spans 90 points.
Why is this count invalid under pure Elliott Wave Theory?
- Wave 5 exceeded the length of Wave 3
- Wave 3 is the shortest motive wave
- Wave 1 was the longest wave
- The structure lacks a 1.618 Fibonacci extension
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