easy · Elliott Wave Theory alternation
An analyst is comparing two potential counts. In Count A, Wave 2 was a deep zigzag. In Count B, Wave 2 was a sideways regular flat.
According to the Guideline of Alternation, what should the analyst expect for Wave 4 in Count A?
- A deep and sharp zigzag similar to Wave $2.
- A vertical extension that dwarfs the length of Wave $3.
- A 5-wave motive decline that breaks below Wave $1.
- A sideways correction such as a flat or a triangle.
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