hard · Elliott Wave Theory motive
Identify the violation in the following bullish wave sequence: Wave 1 (100 to 150), Wave 2 (150 to 115), Wave 3 (115 to 175), Wave 4 (175 to 145), Wave 5 (145 to 210).
- Wave 3 is the shortest impulse wave.
- The sequence contains too many points for a Minor degree wave.
- Wave 4 overlaps the price territory of Wave 1.
- Wave 2 retraces more than 100% of Wave 1.
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