A double failure flat : When wave B of a flat is between 61.8 - 100% of wave A and wave C does not completely retrace wave B . Its a counter trend strength. The structure is 3-3-5. If the structure becomes 3-3-3 then it starts becoming a triangle .
For both these structures key is upper break of the 0-B trendline, which is shown in the chat .
So watch out who wins. Till then stay away .
For both these structures key is upper break of the 0-B trendline, which is shown in the chat .
So watch out who wins. Till then stay away .