External Retracements and Zone Stacking With Extensions

Question 1 of 5

1 point(s)

An external retracement is calculated in the following manner

Studies the known distance of a corrective wave to project the end of a current trend wave
Studies the known distance of a prior corrective wave to project the end of a current corrective wave
Studies the known distance of a trend wave to project the end of a current trend wave

Question 2 of 5

1 point(s)

The external retracement is calculated using the retracement tool

Question 3 of 5

1 point(s)

Pick the correct Fibonacci analysis of this chart

part 5.1 Chart Quiz

AMZN broke through the 78.6% extension, thus likely to reach the 127.2% extension.
AMZN broke through the 78.6% retracement, thus likely to reach the 127.2% extension.
AMZN just broke through the 78.6% extension level and could expect to hold support here
AMZN should reverse and move back below the 78.6% extension

Question 4 of 5

1 point(s)

To stack the zone with extensions to find a potential trend wave low you will use the swings highlighted with arrows?

Part 5.2 Quiz Chart

Question 5 of 5

1 point(s)

An extension, or external retracement, is used to project the end of

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