medium · Elliott Wave Theory motive

Within an impulse, wave 1 spans 100 points, wave 3 spans 90 points, and wave 5 is forming.

For the count to remain a valid impulse, what is the binding constraint that the rule 'wave 3 is never the shortest of the three actionary waves' actually imposes on wave 5?

  1. Wave 5 must not exceed 90 points, because if wave 5 were longer than wave 3 while wave 1 already exceeds it, wave 3 would be the shortest and the rule would be broken
  2. Wave 5 must be kept shorter than 90 points so that wave 3 stays longer than both other actionary waves, preserving the typical extended-third-wave profile
  3. Wave 5 may be of any length whatsoever, since the never-shortest rule technically compares wave 3 only against wave 1, and that particular comparison already clearly passes
  4. Wave 5 must therefore exceed 100 points in length so that wave 3, at only 90 points, sits in the exact middle of the three actionary waves and is never classified as the shortest

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