hard · Elliott Wave Theory

An analyst identifies a potential bull impulse where Wave 1 rallies from 45.00 to 78.00.

If Wave 2 is expected to be a 'deep' correction, at what price zone would it most likely terminate?

  1. 57.61 to 61.50
  2. 48.00 to 52.00
  3. 65.39 to 68.50
  4. 70.00 to 75.00

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