medium · Elliott Wave Theory fibonacci
A contracting triangle is identified in the Wave 4 position. The widest part of the triangle (Wave A) has a price range of 40 points. Wave E of the triangle completes at $520.
What is the minimum expected price target for the ensuing thrust?
- $600
- $580
- $560
- $540
Sign up free to see the explanation and track your rank →
More Elliott Wave Theory fibonacci practice
- Based on common Fibonacci relationships, how far might Wave C drop from the end of Wave B?
- If the analyst is using the Box Method to project the final target, what is the next step
- What is the 38.2% retracement target for Wave 4?
- If Wave 3 is expected to reach a common extension target of 1.618 times Wave 1, at what pr
- If the market is currently at $162.51, which Fibonacci extension has Wave 3 reached?
- If Wave E completes at a price of $1,200, what is the projected target for the subsequent
- Which of the following data points would be most appropriate to include in this cluster?
- A Wave 4 correction terminates at a Fibonacci confluence of… — How does this affect convic