easy · Elliott Wave Theory alternation
A stock moves from 50 to 70 (Wave 1), pulls back to 60 (Wave 2), and then moves to 110 (Wave 3).
If Wave 4 is expected to target the 'prior fourth wave of one lesser degree' which ended at 95, where should the trader look for a reversal?
- 60
- 100
- 80
- 95
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