Than the duration of m1

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And m3 is m(-1 ) or m3. Furthermore, from the end of wave m3, the market returns to the initial level of m1 or surpasses it in a period equal to or less than half of the time period of formation of wave m(-1) and m3, then add the tag “:c3” at the end of m1. Let's see how condition (b) of rule 1 applies in the example. LiteFinance: Continuation of the summary of Elliott Wave Theory.  NeoWave by Glenn Neely |  Litefinance Let's check the criteria of the first rule of condition (b). Wave m2 marked with a short red line is less than 38.2% of m1, marked with a green line which is longer. So this case refers to rule 1. LiteFinance: Continuation of the summary of Elliott Wave Theory.  NeoWave by Glenn Neely |  Litefinance The wavelength m0 is almost 78.6% of m1, that is, it is between 61.8% and 100% of m1.

So, condition (b) of rule 1 is satisfied. I marked the beginning of m0 with a filled red circle, since the end of the previous wave m(-1) shifts according to the neutrality rule, which I described in the first article of the NeoWave Belize Mobile Number List  theory series. LiteFinance: Continuation of the summary of Elliott Wave Theory.  NeoWave by Glenn Neely |  Litefinance Therefore, all that remains is to choose the appropriate point in condition (b). The length of m(-1) is almost 161.8% of the length of m0. LiteFinance: Continuation of the summary of Elliott Wave Theory.  NeoWave by Glenn Neely |  Litefinance The final level of m0 (marked with a horizontal pink line) does not intersect with wave m4.



Therefore, point 1 of condition (b) is met, and m1 is likely to be the final flat wave within a complex formation, where wave m2 is a wave x. So, put “:s5” at the end of m1 and “x:c3 s5” at the end of m2. Other points of condition (b) are not met, so we will not take them into account. Condition (c). m0 from 100% to 161.8% of m1 (not included) Place the label “:5” at the end point of m1. If m0 and m1 are approximately equal (+/- 10%) in price, and are equal or related to each other with a coefficient 0.618 in time, and m3 is longer than m1 (its duration is equal to or less than of m1), and the time of m2 is lessand is very close to 38.2% of the length of m1, and it does not have a structure tag of “:F3”, we add the tag “[:c3] ” to the structure list of m1.