easy · Elliott Wave Theory
In a bull market impulse, Wave 2 was a very deep zigzag that lasted only two days.
According to the Guideline of Alternation, what should you expect for Wave 4?
- A shallow sideways pattern like a flat or triangle that lasts longer.
- Another sharp, fast zigzag decline to keep the correction pattern balanced.
- A vertical move that mirrors the speed and depth seen back in Wave 2.
- A failed rally that stops just short of the Wave 3 high before reversing.
Sign up free to see the explanation and track your rank →
More Elliott Wave Theory practice
- In a five-wave advance, Wave 1 is 10 points long, Wave 3 is… — How should this count be co
- A commodity price moves from $80 to $96, pullbacks to $88, t… — If an analyst identifies t
- Which is more likely?
- According to the Swing Count Validation technique, what should the trader conclude?
- Based on common Fibonacci relationships, how far might Wave C drop from the end of Wave B?
- An analyst sees a 'Close-Below-Prior-Swing Test' fire when p… — What does this likely sign
- According to the 'Fourth-Wave Target Zone' guideline, where is a correction most likely to
- If the analyst is using the Box Method to project the final target, what is the next step