1/ what is Elliott wave failure?
2/ what is the synonym for the Elliott wave failure?
3/ Where does the truncation take place?
4/ Why does an Elliott wave failure occur in a bullish trend?
5/ why does it happen in a downtrend?
6/ List two chart patterns that typically
emphasize an Elliott wave failure.
7/ it is OK to use the wave analysis without weighing the
financials.
a/ Oh yes
b/ not certain
c/ never
8/ The Elliott wave failure occurs during the fifth Elliott wave.
a/ correct
b/ not sure
9/ the synonym for Elliott wave failure is truncation.
a/ yes
b/not sure
10/ Truncation occurs at the same time that the fifth Elliott
wave falls short to surpass the high of the third wave in an
uptrend or low of the third wave in a downtrend.
a/ yes
b/ incorrect answer
c/ not sure
11/ why is it vital to know how to trade a double bottom or
top chart pattern when trading the Elliott wave failure?
12/ how can a market cycle cause an Elliott wave failure or
truncation?
13/ An Elliott wave failure in uptrend symbolizes a receding
bullish momentum.
a/ yes
b/ not sure
c/ too good to be true
14/ Name three technical trading determinants that precede
an Elliott wave failure.
15/ Identify three fundamental analysis criteria that precede
an Elliott wave failure.
16/ by what method one can sell at the conclusion of an Elliott
wave failure like a pro?
17/ in what way one can buy at the end of an Elliott wave
failure like a pro?
18/ To gain mastery in the truncation trading or investing,
a/ retain everything on this matter; moreover be able to recall
it like a parrot
b/ gradually understand the theory, and consolidate both
technical and fundamental analysis to develop the mindset
of active smart Elliott wave traders.
c/ focus on the technical analysis of the Elliott wave failure.
19/ Which YouTube channel is assigned
to teaching traders how to gain mastery in the Elliott wave
a/ 24elliottwaves
b/ dayprotraders
c/ georgetrio
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