Elliot wave question

Discussion in 'Technical Analysis' started by crimony, Sep 2, 2006.

  1. crimony

    crimony

    Does wave 1 (of a 1-2-3-4-5 impulse phase) have to exceed wave B (of an A-B-C corrective phase)?
     
    #1     Sep 2, 2006
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  2. Wallace

    Wallace

    No
     
    #2     Sep 3, 2006
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  3. nazzdack

    nazzdack

    If the A-B-C correction is an "expanded flat", "B" will exceed the high of "1". You have to count carefully and not mistake the high of "B" for the high of "1".
     
    #3     Sep 4, 2006
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