ABC/ABC
ABC/DE
A 7.8M
B 6.7M
C (A) 11M
D (B) 3.1M
E (C) 8.2M
31thDec 1.8M... Target Hit the 191!
Elliott Wave Theory, or ABC wave theory, is a term for three-wave counter trend price movement. Here, wave A is the first price wave that is against the trend of the entire market. B wave is a corrective wave for wave A. Wave C shows the final price move to complete the counter trend price move.