medium · Elliott Wave Theory

A commodity price moves from 80.00 to 96.00 (Wave 1), then pulls back to 88.00 (Wave 2).

If Wave 3 is projected to be a1.618 extension of Wave 1, what is the specific price target for the end of Wave 3?

  1. $104.00
  2. $115.20
  3. $105.60
  4. $113.89

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