elliottwaves-trading Are the Elliott wave rules valid for overlapping and non-overlapping patters?

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Are the Elliott wave rules valid for overlapping and non-overlapping patters?

The answer is no… The three Elliott wave rules, concerning W2, W3 and W4 are valid for a non-overlapping impulsive pattern guided by the 5-3-5-3-5 structure. If the W4/W1 border line is breached, then the latter pattern will be converted into an overlapping impulsive pattern guided by the 3-3-3-3-3 structure. In this case, other rules will apply!