hard · Elliott Wave Theory
Identify the violation in the following bullish wave sequence: Wave 1 (100 to 150), Wave 2 (150 to 115), Wave 3 (115 to 175), Wave 4 (175 to 145), Wave 5 (145 to 210).
- Wave 3 is the shortest impulse wave.
- The sequence contains too many points for a Minor degree wave.
- Wave 4 overlaps the price territory of Wave 1.
- Wave 2 retraces more than 100% of Wave 1.
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?