Wave 3 can never be the shortest of the three motive waves (1, 3, and 5). Wave 4 can never enter the price territory of Wave 1. Why Traders Still Read Prechter Fractal Nature
: If Wave 2 is a sharp correction, Wave 4 is likely to be a complex, sideways correction, and vice versa. www.investmenttheory.org Availability and Official Resources elliott wave principle robert prechter pdf free
The psychological characteristics of each wave (e.g., the "Third Wave" is usually the strongest). Wave 3 can never be the shortest of