medium · Elliott Wave Theory

What occurs during a 'throw-over' in a triangle correction?

  1. Wave B retraces 138.2% of Wave A, forming an expanded flat within it
  2. The thrust moves in the opposite direction of the established primary trend line
  3. Wave C exceeds the origin point of the entire preceding impulse wave sequence that formed it
  4. Wave E briefly penetrates the boundary trend line before reversing into the thrust.

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