Rules:
Flats are always a 3 wave structure.
Structure = 3-3-5
Wave A is a three wave pattern and never a Triangle.
Wave B is subdivided into a three wave pattern.
Wave B retraces to at least 105% of Wave A & typically up to the 138.2%.
Wave C does not go beyond Wave A and is "Truncated".
Wave C always subdivide into 5 wave structures: a Diagonal or an Impulse wave.
Guidelines:
Waves A and C connected usually is parallel to the Line connecting the origin of the ZigZag to point B.
Waves A and C usually are Equal in length.
Flats are always a 3 wave structure.
Structure = 3-3-5
Wave A is a three wave pattern and never a Triangle.
Wave B is subdivided into a three wave pattern.
Wave B retraces to at least 105% of Wave A & typically up to the 138.2%.
Wave C does not go beyond Wave A and is "Truncated".
Wave C always subdivide into 5 wave structures: a Diagonal or an Impulse wave.
Guidelines:
Waves A and C connected usually is parallel to the Line connecting the origin of the ZigZag to point B.
Waves A and C usually are Equal in length.