medium · Elliott Wave Theory

What is the target projection for a 'Triangle Thrust' after Wave E completes?

  1. A distance approximately equal to the widest wave (A) of the triangle.
  2. The price level of the origin of Wave D.
  3. A complete 100% retracement of the preceding Wave 3.
  4. A distance equal to 1.618 times the total duration of the triangle.

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