medium · Elliott Wave Theory corrective
A stock in a bull market undergoes an Expanded Flat correction (Wave 4). Wave A dropped from 100 to 90. Wave B then rallied to 103.50.
According to common Fibonacci relationships, what is a high-probability target for the end of Wave C?
- 93.50
- 80.00
- 87.32
- 73.50
Sign up free to see the explanation and track your rank →
More Elliott Wave Theory corrective practice
- An analyst sees a coiling sideways pattern with five legs (A… — What mistake has been made
- Scenario: Wave A of a correction has $5 clear sub-waves. What can the analyst immediately
- If a correction consists of five overlapping legs (A, B, C, D, E), where every single leg
- In a powerful uptrend, a correction occurs where wave B exceeds the start of wave A, but w
- Which corrective pattern is known for being a 'sharp' correction and is most commonly foun
- During an expanding triangle, which of the following is true regarding the size of the wav
- A correction in a bear market rallies in 3 waves to a level… — Which pattern does this rep
- An analyst sees a 3-wave decline followed by a 3-wave rally that retraces 95% of the decli