Bitcoin
Education

πŸ“š Elliott Wave Pattern: Flat 🌊

●● Flat
snapshot

❗❗ π™‚π™šπ™£π™šπ™§π™–π™‘ 𝙧π™ͺπ™‘π™šπ™¨

● A flat always subdivides into three waves.
● Wave A is always a zigzag , flat or combination.
● Wave B is always a zigzag .
● Wave C is always an impulse or a ending diagonal .

❗ π™‚π™šπ™£π™šπ™§π™–π™‘ π™œπ™ͺπ™žπ™™π™šπ™‘π™žπ™£π™šπ™¨

● Wave A is usually a zigzag .

●● 𝙀𝙭π™₯π™–π™£π™™π™šπ™™ 𝙁𝙑𝙖𝙩 ( Exp . FL )

❗❗ 𝙍π™ͺπ™‘π™šπ™¨

● Wave B always ends after the start of wave A.
● Wave C always ends past the end of wave A.

❗ 𝙂π™ͺπ™žπ™™π™šπ™‘π™žπ™£π™šπ™¨

● Wave B usually retraces 123.6 or 138.2% of wave A, less often β€” 161.8%.
● Wave C is often equal to 161.8% of wave A, less often β€” 261.8%.
● The most common type of flat.

●● 𝙍π™ͺπ™£π™£π™žπ™£π™œ 𝙛𝙑𝙖𝙩 (Runn. FL )

❗❗ 𝙍π™ͺπ™‘π™šπ™¨

● Wave B always ends after the start of wave A.
● Wave C never goes beyond the end of wave A.

❗ 𝙂π™ͺπ™žπ™™π™šπ™‘π™žπ™£π™šπ™¨

● Within such a flat wave B should end well above the origin of wave A and that means wave C might reflect a 61.8% or even a 100% relationship to wave A.
● A running flat indicates that the forces in the direction of the larger trend at next higher degree are powerful.
● Wave B is usually no more than twice the length of wave A.
● Keep in mind that a running flat is rare.

●● π™π™šπ™œπ™ͺ𝙑𝙖𝙧 𝙛𝙑𝙖𝙩 (Reg. FL )

❗❗ 𝙍π™ͺπ™‘π™šπ™¨

● Wave B never goes beyond beyond the start of wave A.
● Wave B always retraces at least 90 percent of wave A.
● Wave C always ends past the end of wave A.

❗ 𝙂π™ͺπ™žπ™™π™šπ™‘π™žπ™£π™šπ™¨

● The rarest type of flat.

__________________________
πŸ”—References:

Elliott Wave Principal 2005
Trade Waves / Elliott Waves Analysis (TWEWA)

πŸ“š Elliott Wave Guide & Ellott Wave Archive ⬇️⬇️
Chart PatternsElliott WaveEWTFLATFlatmarkheavenstradewavesewatwewaWave Analysis

πŸ†“ Π‘ΠΎΠ»ΡŒΡˆΠ΅ Π°Π½Π°Π»ΠΈΡ‚ΠΈΠΊΠΈ Π² Telegram: t.me/freetradelife

πŸ“š ΠœΠ΅Ρ‚ΠΎΠ΄ΠΈΡ‡ΠΊΠ° (Ellliott Wave Guide): t.me/elliottwaveprincipal

πŸ“š Π‘ΠΈΠ±Π»ΠΈΠΎΡ‚Π΅ΠΊΠ° (Ellott Wave Archive): t.me/biblioewa

πŸ’Ž Premium: t.me/freetradelife_premium
Also on:

Related publications

Disclaimer