单选题

In Elliott Wave Theory, Wave 2 commonly exhibits a pattern best described as a(n):

A、 basing pattern consisting of five smaller waves.
B、 Fibonacci ratio percentage retracement composed of three smaller waves.
C、 uptrend moving above the high of Wave 1 and consisting of five smaller waves.

【正确答案】 B

【答案解析】

B is correct. Wave 2 is a correction, retracing much of the gain from Wave 1, but not all of it. The lost proportion is usually a percentage equal to a Fibonacci ratio, and it consists of three smaller waves.