salvanost

Corrective FLAT ABC WAVE type Running

Education
OANDA:XAUUSD   Gold Spot / U.S. Dollar
ABC FLAT got 3 type
1. flat regular
2. flat running
3. flat expanded

flat running = extension on wave B (wave B longer than wave A)

3 waves with structure (3-3-5)
A= 3 (ABC)
B = 3(ABC)
C = 5

A = 100%
B = 127.2% wave A
C = 61.8% or 100% wave A

RISK:
could transform into the expanded type
A = 100%
B = 127.2% wave A
C = 100% or 127.2% or 161.8% wave A (see the fib level on chart)


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