A truncated wave 5 doesn't move beyond the end of wave 3. Usually it can be verified by noting that the presumed fifth wave contains the necessary five subwaves, as every impulse wave requires
Waves {3} and {5} are much bigger than wave {1}. More: www.tradingview.com
Extensions are elongated impulses with exaggerated subdivisions. More: www.tradingview.com
MultiExtension is like a matryoshka (Russian nesting doll). Most of all, it happens in third waves during very strong trends.
Extensions are elongated impulses with exaggerated subdivisions. More: www.tradingview.com
Extensions are elongated impulses with exaggerated subdivisions. More: www.tradingview.com
Extensions are elongated impulses with exaggerated subdivisions. More: www.tradingview.com