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ELLIOT WAVES
contracting waves analysis

Wave D and A do overlap
Wave C cannot be the shortest Wave
Wave A is the longest whiles Wave E is the shortest.
As a guideline, the sub-wave structures should alternate.
Wave D cannot move farther the origin of Wave C.
Sub-waves of all the diagonal have corrective wave structures.
It is a five-wave structure labelled a, b, c, d, e