Wave 3 is the longest among the impulsive moves. Which is why some call it Money Wave.
Wave 3 moves fast with strength, and the direction of the trending price when price is within a third wave.
Invalidated/Stop loss:
If price moves beyond the invalid level our wave count is wrong. If the wave count is correct then price should not go beyond the invalidation point.
Wave 3 moves fast with strength, and the direction of the trending price when price is within a third wave.
Invalidated/Stop loss:
If price moves beyond the invalid level our wave count is wrong. If the wave count is correct then price should not go beyond the invalidation point.