medium · Elliott Wave Theory corrective
A market in a bull trend peaks at 1,000, then drops to 950 (Wave A) in three waves. It then rallies to 1,010 (Wave B) before dropping to 930 (Wave C).
How should this 3-3-5 pattern be classified?
- Running Flat
- Zigzag
- Expanded Flat
- Regular Flat
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