Rules & guidelines:
- Its internal structure similar to the impulse wave 5-3-5-3-5.
- Wave 4 & wave 1 do overlap.
- The correction of wave 2 is 61.8% in length of wave 1 up to 99%, but it doesn’t go beyond the origin of wave 1.
- The leading diagonal is either contracting diagonal or expanding diagonal.
- Wave 3 can’t be the shortest.
- Wave 2 must not go beyond the origin of wave1.
- Wave 4 must not go beyond the origin the wave 3.
- Wave 1 is the longest, while wave 5 is the shortest in contracting diagonal. On contrary, wave 1 is the shortest and wave 5 is the longest in expanding diagonal.
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