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Rule

Non-Overlap Rule

The requirement that in a standard impulse, Wave 4 must not enter the price territory of Wave 1. This rule separates impulse waves from diagonal patterns, where overlap is permitted.

RELATED TERMS

Wave 4 Rule
An absolute rule stating that in an impulse wave, Wave 4 cannot enter the price ...
Impulse Wave
A five-wave motive pattern (1-2-3-4-5) that moves in the direction of the trend ...
Diagonal
A motive pattern with overlapping waves that forms a wedge shape. Leading diagon...
Moving AverageAll TermsOverlap