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๐Ÿ“š Elliott Wave Pattern: Flat ๐ŸŒŠ

749
โ—โ— Flat
snapshot

โ—โ— ๐™‚๐™š๐™ฃ๐™š๐™ง๐™–๐™ก ๐™ง๐™ช๐™ก๐™š๐™จ

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

โ— ๐™‚๐™š๐™ฃ๐™š๐™ง๐™–๐™ก ๐™œ๐™ช๐™ž๐™™๐™š๐™ก๐™ž๐™ฃ๐™š๐™จ

โ— Wave A is usually a zigzag .

โ—โ— ๐™€๐™ญ๐™ฅ๐™–๐™ฃ๐™™๐™š๐™™ ๐™๐™ก๐™–๐™ฉ ( Exp . FL )

โ—โ— ๐™๐™ช๐™ก๐™š๐™จ

โ— Wave B always ends after the start of wave A.
โ— Wave C always ends past the end of wave A.

โ— ๐™‚๐™ช๐™ž๐™™๐™š๐™ก๐™ž๐™ฃ๐™š๐™จ

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

โ—โ— ๐™๐™ช๐™ฃ๐™ฃ๐™ž๐™ฃ๐™œ ๐™›๐™ก๐™–๐™ฉ (Runn. FL )

โ—โ— ๐™๐™ช๐™ก๐™š๐™จ

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

โ— ๐™‚๐™ช๐™ž๐™™๐™š๐™ก๐™ž๐™ฃ๐™š๐™จ

โ— 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.
โ— A running flat indicates that the forces in the direction of the larger trend at next higher degree are powerful.
โ— Wave B is usually no more than twice the length of wave A.
โ— Keep in mind that a running flat is rare.

โ—โ— ๐™๐™š๐™œ๐™ช๐™ก๐™–๐™ง ๐™›๐™ก๐™–๐™ฉ (Reg. FL )

โ—โ— ๐™๐™ช๐™ก๐™š๐™จ

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

โ— ๐™‚๐™ช๐™ž๐™™๐™š๐™ก๐™ž๐™ฃ๐™š๐™จ

โ— The rarest type of flat.

__________________________
๐Ÿ”—References:

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

๐Ÿ“š Elliott Wave Guide & Ellott Wave Archive โฌ‡๏ธโฌ‡๏ธ

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