medium · Elliott Wave Theory corrective
A correction begins with a sharp five-wave decline (Wave A). The subsequent bounce (Wave B) retraces 50% of the decline.
Which of the following patterns is the most likely outcome for the total structure?
- An expanded flat (3-3-5).
- A leading diagonal.
- A contracting triangle (3-3-3-3-3).
- A zigzag (5-3-5).
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