medium · Elliott Wave Theory motive

What happens to the slope of successive motive waves (1, 3, 5) within an Ending Diagonal triangle?

  1. The slope is determined solely by the volume spike in Wave 3.
  2. The slopes of Waves 1 and 5 must be perfectly parallel.
  3. The slope flattens progressively (θ_1 > θ_3 > θ_5).
  4. The slope steepens as the wedge narrows.

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