how does monit every cycle statement works?

[Vikram Kone]

I have a monit check program as follows

check program test_pgm with path "/bin/bash /var/run/test.sh"
every 2 cycles
if status !=0 for 2 cycles then alert

Let's say my monit daemon is set to run every 60 seconds which means each cycle is 1 minute. I want to run my program every 2mins and alert if it fails twice in a row

Is what I have above correct? or should I say

if status !=0 for 4 cycles then alert

or should it be

if status !=0 for 2 times within 2 cycles then alert