Statistics for Elliot Wave 4. Wave is related to Wave 3 by one of the following:
Wave 4 = either 24% of wave 3 or 38% of wave 3 or 50% of wave 3
The 24% and 38% are the most common. Retrace 24-30% of wave 3 only 15% of the time Retrace between 30-50% of Wave 3 60% of the time Retrace between 50%-62% of wave 3 15% of the time Retrace more than 62% of Wave 3 10% of the time
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