medium · Elliott Wave Theory corrective
Consider a correction in a bull market where Wave A is a 3-wave decline from 150 to 140. Wave B then rallies in 3 waves to 154.
If the structure is an Expanded Flat, what is the common Fibonacci target for the end of Wave C, assuming it relates to Wave A by a factor of 1.618?
- 130.00
- 143.82
- 127.64
- 137.82
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