Glossary

What is Wave equality?

Wave equality is the tendency for related legs (such as wave 5 vs wave 1, or Y vs W) to match in length.

Wave equality is a guideline that related legs often match in length—wave 5 equal to wave 1, or wave Y equal to wave W—rather than a hard Elliott rule.

Providers use equality as a first take-profit idea, then layer Fibonacci extensions if price keeps running. PipAlert still needs explicit tp levels on the Signal.

Equality fails often enough that Subscribers should treat it as a plan B target, not a reason to hold without a stop.

Related terms

Follow Signals in PipAlert

Browse Channels, join a Package, and get push alerts when Signals post.