easy · Elliott Wave Theory alternation
According to the Guideline of Alternation, if wave 2 of a five-wave impulse is a sharp 61.8% zigzag retracement, what is the most likely behavior for wave 4?
- A sideways flat or triangle retracing 38.2% or less
- Another sharp zigzag to ensure trend symmetry
- A deep retracement to the origin of wave 3
- A rapid fifth-wave extension to compensate for time
Sign up free to see the explanation and track your rank →
More Elliott Wave Theory alternation practice
- According to the 'Fourth-Wave Target Zone' guideline, where is a correction most likely to
- According to the Guideline of Alternation, what should you expect for Wave 4?
- A correction targets the price zone of the 'prior fourth wav… — What does this mean in pra
- You see a rally with two identical corrections. Both were zi… — Why might you doubt this i
- Where is the most likely target for the major Wave 4 correction?
- What is the most likely target for the subsequent Wave 4?
- If the analyst wants to project the end of the entire impulse using the 'Equality Guidelin
- According to the 'Guideline of Depth', which area is the most likely target for the bottom