easy · Elliott Wave Theory alternation
In a bull market impulse, Wave 2 was a very deep zigzag that lasted only two days.
According to the Guideline of Alternation, what should you expect for Wave 4?
- A shallow sideways pattern like a flat or triangle that lasts longer.
- Another sharp, fast zigzag decline to keep the correction pattern balanced.
- A vertical move that mirrors the speed and depth seen back in Wave 2.
- A failed rally that stops just short of the Wave 3 high before reversing.
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