Working on the idea of flat pattern in play for wave 4 formation on a larger degree.
Currently we are in the last wave formation, wave c of flat pattern.

Rules for Flat Formation:
1. A flat always subdivides into three waves.
2. Wave A is never a triangle.
3. Wave C is always an impulse or a diagonal.
4. Wave B always retraces at least 90 percent of wave A.
Chart PatternsElliott WaveTrend Analysis

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