easy · Elliott Wave Theory motive

In a standard 5-wave impulse, Wave 1 spans 100 points, Wave 3 spans 80 points, and Wave 5 spans 90 points.

Why is this count invalid under pure Elliott Wave Theory?

  1. Wave 5 exceeded the length of Wave 3
  2. Wave 3 is the shortest motive wave
  3. Wave 1 was the longest wave
  4. The structure lacks a 1.618 Fibonacci extension

Sign up free to see the explanation and track your rank →

More Elliott Wave Theory motive practice

KomFi: Test Prep Made Easy

KomFi: Test Prep Made Easy — free adaptive practice for GMAT, GRE, SAT, ACT, National Real Estate Exam, Investment Banking, and finance with full explanations.

KomFi Academy is free GMAT prep and personalized GMAT help built as a training platform: 92,240+ practice questions, 30,500+ flashcards, on-demand video lectures, podcasts, and 4K slide decks. Flagship tracks: Free GMAT Prep, Free GMAT Resources, National Real Estate Exam Prep, Investment Banking Prep, Finance Prep, GRE, SAT, ACT, LSAT, MCAT, Financial Accounting, Private Equity, Private Credit, and Quantitative Finance.

Free GMAT Prep & Personalized GMAT Help

What's inside

Topics

View pricing · Read testimonials