easy · Elliott Wave Theory alternation
In a bull market, Wave 2 was a deep zigzag that lasted 3 weeks and retraced 61.8% of Wave $1.
According to the Guideline of Alternation, what should an analyst expect for Wave 4?
- A double zigzag that retraces 78.6% of Wave $3.
- A fifth-wave failure followed by a deep crash.
- A sideways flat or triangle retracing 38.2% of Wave 3 and lasting longer than 3 weeks.
- A sharp zigzag retracing 61.8% of Wave 3 lasting 3 weeks.
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