medium · Elliott Wave Theory motive
An analyst identifies a converging 5-wave wedge in the Wave 5 position. Wave 1 is 40 points, Wave 3 is 30 points, and Wave 5 is 20 points. Wave 4 overlaps Wave 1.
If the pattern is an ending diagonal, which internal structural characteristic confirms the expected sharp reversal back to the origin is imminent?
- All five internal waves subdivide into three-wave corrective structures
- Waves 1, 3, and 5 each subdivide into a full five-wave impulse structure
- Volume climbs noticeably higher as the Wave 5 thrust develops and completes
- Wave 3 is the longest of the three motive waves within the wedge
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