easy · Elliott Wave Theory fibonacci

A trader calculates a Wave 3 target by multiplying the price length of Wave 1 by 1.618 and adding it to the end of Wave 2.

If Wave 1 was 50 points and Wave 2 ended at 150, what is the primary target?

  1. 330.9
  2. 280.9
  3. 200
  4. 230.9

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