hard · Elliott Wave Theory
For a contracting triangle starting in a bull market correction (Wave 4), which sequence of leg amplitudes follows the 0.618 decay guideline most accurately starting from |W_A| = 100?
- 100, 50, 25, 12, 6
- 100, 78, 62, 50, 38
- 100, 61, 37, 21, 13
- 100, 62, 38, 24, 15
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
- According to the Guideline of Alternation, what should you expect for Wave 4?