How to count Elliott waves: a six-pivot price-check exercise
Practise three ordinary impulse price checks on invented price turning points, while keeping full structural confirmation separate.
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Use the invented upward sequence 100, 110, 105, 121, 114, 128. Treat these as a proposed origin and the ends of waves 1 to 5. The exercise checks selected price relationships; six turning-point prices do not reveal all internal subwaves.
Calculate the lengths of waves 1, 3 and 5
Wave 1 runs from 100 to 110, so its length is 10. Wave 3 runs from 105 to 121, so its length is 16. Wave 5 runs from 114 to 128, so its length is 14.
Among 10, 16 and 14, the third is not the shortest advancing wave. This satisfies that particular ordinary impulse check. The rule does not require wave 3 to be the longest in every valid impulse.
Check the second and fourth waves
The proposed wave 2 ends at 105, above the origin at 100, so it has not retraced beyond the start of wave 1. The proposed wave 4 ends at 114, above the end of wave 1 at 110, so these endpoints do not show overlap in the ordinary upward impulse hypothesis.
Real validation needs the relevant full price extremes, not merely convenient closing prices. A deeper intrabar extreme can matter even when the displayed close remains beyond a boundary.
Change one price turning point and observe the consequence
Replace the proposed end of wave 4 with 109 while leaving the earlier points unchanged. It now enters the price territory of wave 1. Reject this ordinary impulse hypothesis under that check.
Do not automatically rename the failed wave interpretation as a diagonal. A diagonal is a different structure with its own requirements, and those requirements must be established independently.
State what this exercise cannot prove
The passing original sequence still needs internal subdivisions, correct hierarchy and context. A spreadsheet of endpoints cannot establish those features by itself. Keep the result as three completed price checks on an invented candidate.
The counting and wave-degree guides explain the next layer of review. The external reference below describes the ordinary impulse rules; the numbers in this exercise are original teaching inputs, not market performance or a software backtest.
The original six price turning points pass the listed checks. Is the complete impulse now proven?
No. Internal wave structure, full relevant extremes, hierarchy and context still require examination. Passing these price checks is necessary evidence of only part of the case.