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EXPANDED / IRREGULAR FLAT CORRECTION

Education
NSE:ABFRL   ADITYA BIRLA FASH
Hello Friends,

Here we had shared some major points and characteristics of Expanded Flat Correction also known as Irregular Flat Correction in Elliott waves.

Principles of Irregular / Expanded Flat correction pattern

1) 3 waves corrective pattern which is labelled as A-B-C
2) Subdivision of wave A and B are in 3-3 waves
3) Subdivision of wave C is in 5 waves
4) Wave B of the 3-3-5 pattern completes beyond the starting level of wave A
5) Wave C completes beyond the ending level of wave A

Fibonacci measurements

Wave B is always 123.6% to 138.2% of measurement of wave A
Wave C completes at least 123.6% to 161.8% of wave A which starts from end of wave B

I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.

Hope this post is helpful to community
Thanks
RK💕

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Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.

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