: These consist of five sub-waves (numbered 1-5) moving in the direction of the main trend.
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Wave 3 can never be the shortest of the three impulse waves. Wave 4 never enters the price territory of Wave 1. Where to Find an Elliott Wave Principle Download : These consist of five sub-waves (numbered 1-5)
: These follow the motive phase and consist of three sub-waves (labeled A, B, and C) that move against the trend. The 3 Cardinal Rules : Wave 2 can never retrace more than 100% of Wave 1. elliott wave principle download