medium · Elliott Wave Theory motive

When an ending diagonal completes the fifth wave of a Primary-degree impulse, what is the consequence for the 'Orthodox High' of the move?

  1. The orthodox high is reset to the point of origin after the reversal completes
  2. There is no orthodox high in diagonal patterns due to the overlap
  3. The orthodox high remains at the peak of the third wave
  4. The orthodox high is the peak of the fifth wave of the diagonal

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