Hello Everyone.
What's a Flat pattern?
A flat is a pattern consisting of three waves labeled A-B-C
The most common structure is that Wave A and Wave C demonstrate equality (Regular Flat).
Structure:
3-3-5 internal structure
Wave A:
Wave A could be any correction pattern except triangles.
Wave B:
Wave B = 90% of wave A (in most cases, it's a zigzag)
Wave C:
Wave C =100%, or 123.6% of wave B.
The next level of detail that I will use is: Wave C is always an impulse or an ending diagonal.
Conclusion:
Powerful? yes!
Target:
$ 0.0000417, +100%
What's a Flat pattern?
A flat is a pattern consisting of three waves labeled A-B-C
The most common structure is that Wave A and Wave C demonstrate equality (Regular Flat).
Structure:
3-3-5 internal structure
Wave A:
Wave A could be any correction pattern except triangles.
Wave B:
Wave B = 90% of wave A (in most cases, it's a zigzag)
Wave C:
Wave C =100%, or 123.6% of wave B.
The next level of detail that I will use is: Wave C is always an impulse or an ending diagonal.
Conclusion:
Powerful? yes!
Target:
$ 0.0000417, +100%
Nota
Nota
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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.
Pubblicazioni correlate
Declinazione di responsabilità
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.