Wave 3
Wave 3 in Elliott Wave Theory: Usually the longest and most powerful impulse wave. Wave 3 is never the shortest of waves 1, 3, and 5. It commonly extends to 161.8% of Wave 1 and often features the strongest momentum, highest volume, and widest price bars.
What Wave 3 Means
Usually the longest and most powerful impulse wave. Wave 3 is never the shortest of waves 1, 3, and 5. It commonly extends to 161.8% of Wave 1 and often features the strongest momentum, highest volume, and widest price bars.
In AAPL, Wave 1 moves $10, Wave 2 retraces $6.18, then Wave 3 surges $16.18 (161.8% of Wave 1).
Where You'll See It
Wave 3 appears regularly in Artavest's weekly wave-count analysis across 108 US stocks and ETFs. It's part of the impulse family of Elliott Wave concepts and shows up most often when analysts are labelling the 5-wave impulse structure that drives the larger trend.
- → Elliott Wave Theory Guide — the 5-3 pattern, rules, Fibonacci, wave degrees
- → Elliott Wave Cheat Sheet — the 3 absolute rules and 6 Fibonacci relationships
- → Our Methodology — how Artavest analysts count waves on 108 US instruments