Here are the main Elliott wave rules for ABC expanded Flat corrections:
The expanded flat correction pattern subdivides into 3-3-5 internal wave pattern.
Waves C tends towards 162% the length of wave A.
The flat correction wave can appear in any corrective position.
An flat correction wave will usually target the 50% retracement level of the previous move.
The expanded flat correction pattern subdivides into 3-3-5 internal wave pattern.
Waves C tends towards 162% the length of wave A.
The flat correction wave can appear in any corrective position.
An flat correction wave will usually target the 50% retracement level of the previous move.