medium · Elliott Wave Theory complex

If an analyst is tracking a Wave 4 as a Flat-X-Triangle (W-X-Y), at what point is the correction considered 'orthodoxically' complete?

  1. At the termination of Wave E of the triangle (Y).
  2. At the start of the resulting thrust move.
  3. At the reversal high made by the X wave rally.
  4. At the completion of Wave C of the flat pattern (W).

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