medium · Elliott Wave Theory corrective
A correction in a bull market is labeled as a Zigzag (5-3-5). Wave A declined 30 points.
Wave B retraced 50% of Wave A. If Wave C ends at a price that creates a 1.272 ratio with Wave A, how many points did Wave C travel?
- 48.54
- 38.16
- 23.16
- 15.00
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