medium · Elliott Wave Theory motive
You observe a five-wave motive move in a wedge shape where Wave 4 overlaps Wave 1. Each successive motive sub-wave ($1, 3, 5) is shorter than the previous one, and all sub-waves are corrective three-wave structures.
Where in the larger trend is this pattern most likely located?
- Wave 1 or Wave A
- Wave 3
- Wave 5 or Wave C
- Wave 2
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