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Clearly this raises a great deal of issues in recognizing one from the other, a basic conflict in being able to recognize when an impulsive (trending) move is developing versus a correction.
Figure
3.14 displays both the modified structure together with a Triple Three. In
terms of development in the sequence of three-wave structures they are actually
identical. Both comprise five sets of three waves. Clearly this raises a great
deal of issues in recognizing one from the other, a basic conflict in being
able to recognize when an impulsive (trending) move is developing versus a
correction.
Figure 3.14
Comparison of the Modified Impulsive Versus a Triple Three
Harmonic Elliott Wave : Chapter 3. Impulsive Wave Modification : Tag: Elliott Wave, Forex : Impulsive wave trading strategy, Best Trading Pattern, Best Profitable Trading Strategy - Modified Impulsive Wave Compared to a Triple Three
Elliott Wave | Forex |