medium · Elliott Wave Theory complex

Which of the following describes the 'Triple Three' correction's typical impact on a price chart?

  1. A wedge-shaped structure where wave 4 overlaps wave 1.
  2. A vertical move that retraces at least 80% of the prior impulse.
  3. A series of three successive impulse waves separated by small pauses.
  4. Extended horizontal movement with little net change in price.

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