medium · Elliott Wave Theory
A currency pair is correcting a bull trend. Wave A is a 3-wave structure ending at 1.1200. Wave B rallies in 3 waves to $1.1350, exceeding the start of Wave A at 1.1300. Wave C then drops in 5 waves to $1.1050.
How should this pattern be labeled?
- Zigzag
- Regular Flat
- Expanded Flat
- Running Flat
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