easy · Elliott Wave Theory alternation
According to the Guideline of Alternation, if Wave 2 of an impulse is a sharp Zigzag, what should the analyst expect for Wave 4?
- An extended impulse sub-wave that mimics the slope of Wave 2.
- A sideways correction such as a Flat, Triangle, or Combination.
- A simple Zigzag of shorter duration and lesser depth.
- A rapid, vertical move that retraces at least 61.8% of Wave 3.
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