hard · Elliott Wave Theory

A correction in a bull market is labeled as a Zigzag (5-3-5). Wave A declined 30 points.

Wave B retraced 50% of Wave A. If Wave C ends at a price that creates a 1.272 ratio with Wave A, how many points did Wave C travel?

  1. 48.54
  2. 38.16
  3. 23.16
  4. 15.00

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