Easy Elliott Wave Theory Practice Questions

72 free easy-difficulty Elliott Wave Theory questions, drawn live from KomFi's calibrated bank. Build the foundation first: these test the core mechanics every harder question assumes.

1. In a five-wave advance, Wave 1 is 10 points long, Wave 3 is… — How should this count be corrected?
2. A commodity price moves from $80 to $96, pullbacks to $88, t… — If an analyst identifies these as three simple
3. Which is more likely?
4. According to the Swing Count Validation technique, what should the trader conclude?
5. Based on common Fibonacci relationships, how far might Wave C drop from the end of Wave B?
6. An analyst sees a 'Close-Below-Prior-Swing Test' fire when p… — What does this likely signify?
7. According to the 'Fourth-Wave Target Zone' guideline, where is a correction most likely to find support?
8. According to the Guideline of Alternation, what should you expect for Wave 4?
9. If the analyst is using the Box Method to project the final target, what is the next step after drawing a box
10. What is the 38.2% retracement target for Wave 4?
11. A correction targets the price zone of the 'prior fourth wav… — What does this mean in practice for an analyst
12. What is the maximum possible length for Wave 5?
13. You see a rally with two identical corrections. Both were zi… — Why might you doubt this is a single five-wave
14. An analyst sees a coiling sideways pattern with five legs (A… — What mistake has been made in labeling this as
15. Why is the rally from 105 to 190 most likely Wave 3?
16. In a contracting triangle correction, how many internal sub-waves are typically found in each of the five legs
17. You are counting a rally and find 9 swings. According to the swing count validation technique, what does this
18. Where is the most likely target for the major Wave 4 correction?
19. Scenario: Wave A of a correction has $5 clear sub-waves. What can the analyst immediately conclude about the p
20. If Wave 3 is expected to reach a common extension target of 1.618 times Wave 1, at what price level should the
21. What is the most likely target for the subsequent Wave 4?
22. If the market is currently at $162.51, which Fibonacci extension has Wave 3 reached?
23. If a correction consists of five overlapping legs (A, B, C, D, E), where every single leg is composed of 3 sub
24. A market finishes a 5-3-5 move against the main trend but does not resume the trend. Instead, it produces a sh
25. In a powerful uptrend, a correction occurs where wave B exceeds the start of wave A, but wave C ends above the
26. Which corrective pattern is known for being a 'sharp' correction and is most commonly found in the wave $2 pos
27. During an expanding triangle, which of the following is true regarding the size of the waves?
28. A correction in a bear market rallies in 3 waves to a level… — Which pattern does this represent?
29. An X wave in a combination is always categorized as a:
30. An analyst sees a 3-wave decline followed by a 3-wave rally that retraces 95% of the decline. If the next leg

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