Technical Analysis: Question 1 Solution

Q. In Elliott Wave Theory, wave 2 can be any of the following EXCEPT:

A. A flat

B. A zig-zag

C. An ending diagonal

D. A double zig-zag

Reveal the Answer

The answer is C) An ending diagonal

Explanation: Zig zags and triangles are valid patterns for wave 2, but an ending diagonal is not.

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