avenezh63

Running Flat Pattern

Long
avenezh63 Updated   
FX:EURUSD   Euro / U.S. Dollar
Rules:
Flats are always a 3 wave structure.
Structure = 3-3-5
Wave A is a three wave pattern and never a Triangle.
Wave B is subdivided into a three wave pattern.
Wave B retraces to at least 105% of Wave A & typically up to the 138.2%.
Wave C does not go beyond Wave A and is "Truncated".
Wave C always subdivide into 5 wave structures: a Diagonal or an Impulse wave.
Guidelines:
Waves A and C connected usually is parallel to the Line connecting the origin of the ZigZag to point B.
Waves A and C usually are Equal in length.
Comment:
ABC Regular Flat or Running Flat Pattern
Comment:
Regular Flat
Rules:
Flats are always a 3 wave structure.
Wave A is a three wave pattern and never a Triangle.
Wave B is subdivided into a three wave pattern.
Wave B retraces to at least 90% of Wave A.
Wave C always subdivide into 5 wave structures: a Diagonal or an Impulse wave.
Guidelines:
Waves A and C connected usually is parallel to the Line connecting the origin of the ZigZag to point B.
Waves A and C usually are Equal in length.
Wave C is always ended around the end of Wave A.
Comment:
Expanded Flat Pattern
Rules:
Flats are always a 3 wave structure.
Wave A is a three wave pattern and never a Triangle.
Structure = 3-3-5
Wave B is subdivided into a three wave pattern.
Wave B retraces to at least 105% of Wave A & typically up to the 138.2%.
Wave C always goes beyond Wave A.
Wave C always subdivide into 5 wave structures: a Diagonal or an Impulse wave.
Guidelines:
Waves C usually goes between the 100% to the 161.8% of Wave A.
Waves A and C usually are not Equal in length.
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