easy · Elliott Wave Theory motive
In a proposed impulse, wave 1 travels 12 points, wave 3 travels 10 points, and wave 5 travels 15 points.
Is this valid under the rule governing wave 3 length?
- Yes; any five numbered moves form an impulse
- No; wave 5 must always be shorter than wave 1 here
- No; wave 3 is the shortest of waves 1, 3, and 5
- Yes; wave 3 is allowed to be the shortest
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