The eight key guidelines (tendencies, not rules) for impulse waves: extension, equality, alternation, channeling, throw-over/under-throw, previous 4th wave, Fibonacci ratios, volume.
Description
Beyond the three absolute rules, impulse waves tend to follow eight guidelines. These are statistical tendencies that hold most of the time but not always. Violations of guidelines reduce confidence in a count but do not invalidate it.
Key Points
- Guideline 1 — Extension: one of waves 1, 3, or 5 typically extends (wave 3 most often)
- Guideline 2 — Equality: when one wave extends, the other two actionary waves tend to be equal
- Guideline 3 — Alternation: waves 2 and 4 tend to alternate in form (sharp vs. sideways)
- Guideline 4 — Channeling: impulse fits within two parallel channel lines
- Guideline 5 — Throw-over/Under-throw: wave 5 may briefly exceed (throw-over) or fail to reach (under-throw) the channel
- Guideline 6 — Previous 4th wave: wave 4 tends to correct into the previous 4th wave zone
- Guideline 7 — Fibonacci: wave lengths tend to follow Fibonacci ratio relationships
- Guideline 8 — Volume: wave 3 has the highest volume; wave 5 volume is lower than wave 3 (below Primary)
