05The Complete Cycle & Wave Degrees
Structure at every scale
Motive (1-5)
Corrective (A-B-C)
A complete Elliott Wave cycle consists of 5 motive waves followed by 3 corrective waves — 8 waves total. But this 5-3 structure exists at every scale simultaneously. The same pattern that plays out over decades on a monthly chart also plays out intraday on a 5-minute chart.
Wave Count at Each Degree
- 01Largest waves: 1 motive + 1 corrective = 2 waves total
- 02Largest subdivisions: 5 motive + 3 corrective = 8 waves
- 03Next subdivisions: 21 motive + 13 corrective = 34 waves
- 04Next subdivisions: 89 motive + 55 corrective = 144 waves
Knowledge check
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