easy · Elliott Wave Theory motive
In a five-wave advance, Wave 1 is 10 points long, Wave 3 is 8 points long, and Wave 5 is 6 points long.
How should this count be corrected?
- Identify it as a diagonal because motive waves in diagonals always shorten.
- Mark it as a truncation since Wave 5 did not travel far enough.
- Relabel the structure because Wave 3 cannot be the shortest motive wave.
- Accept the count because Wave 3 is longer than Wave 5.
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