B FAILURE RUNING FLAT : ELLIOTT WAVE ANALYSIS [ELLIOTT BABA]
RUNNING FLAT :
• A corrective 3 waves move labelled as ABC
• Subdivision of wave A and B is in 3 waves
• Subdivision of wave C is in 5 waves impulse / diagonal
• Subdivision of wave A and B can be in any corrective 3 waves structure including zigzag, flat, double three, triple three
• Wave B of the 3-3-5 pattern terminates beyond the starting level of wave A
• Wave C fails travel the full distance, falling short of the level where wave A ended
Fibonacci Ratio Relationship
• Wave B = 123.6%-138% of wave A
• Wave C must be 38% of wave A
RUNNING FLAT :
• A corrective 3 waves move labelled as ABC
• Subdivision of wave A and B is in 3 waves
• Subdivision of wave C is in 5 waves impulse / diagonal
• Subdivision of wave A and B can be in any corrective 3 waves structure including zigzag, flat, double three, triple three
• Wave B of the 3-3-5 pattern terminates beyond the starting level of wave A
• Wave C fails travel the full distance, falling short of the level where wave A ended
Fibonacci Ratio Relationship
• Wave B = 123.6%-138% of wave A
• Wave C must be 38% of wave A
Elliott BABA
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Elliott BABA
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.