I totally agree with Amikid.I feel Arguements have to be backed by strong Reasonings
Devdas / Amikid, Maybe you guys have not seen the other posts from Raja and know what type of serious trader he is.. and how he has contributed to this community.
I do agree with his points - "Wave 3 can't be the shortest of all 5 waves.." is the standard rule of EW..
This is the same question that I asked few months back on EW and some has posted extracts from rulebooks where this case is possible as exception (when wave 5 is extended wave)
Issue with EW is that it comes with so many sub-rules, conditional rules and exception that EW Rules are often tagged as "Tax Laws of TA".
People do say that you take a chart,give it to 10 EW experts and put them in a room to come out with wave marks on this.. You guessed it right, while they are discussing it, u can very well watch 5 day test match and still not find the answer when u return.
All the best.