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A correct Elliott wave count must observe three rules:

Wave 2 never retraces more than 100% of wave 1.

Wave 3 cannot be the shortest of the three impulse waves, namely waves 1, 3 and 5.

Wave 4 does not overlap with the price territory of wave 1, except in the rare case of a diagonal triangle formation.
Order cancelled: Finally with this candle we are out of our formation!
no lol
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