medium · Elliott Wave Theory

When using the 'Box Method' for target projection, an analyst draws a box from the origin of Wave 3 ($3,000) to its end ($3,500).

After duplicating and stacking the box on top of the original, what is the preliminary target for the completion of the entire 5-wave impulse?

  1. $3,750
  2. $4,000
  3. $3,809
  4. $4,500

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