Unfortunately this does not answer my question. The Fibonacci sequence goes 3,5,8,13,21,34 etc. If the market follows a fibonacci pattern...
In Elliot Wave Principle expanded ed. by A J Frost and R Prechter it calls a 3-3-3-3-3 correction a horizontal triangle. I know what the book...
I am studying EW theory but I see inconsistencies in the logic. How do corrections fall into a 3-3-5 or 3-3-3-3-3 pattern when hypothetically...
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