📍Part #6, FLAT - Corrective Waves-Simple-Sideways corrections.

20 באפר׳

👩🏻‍💻Hello!

In this lecture, we will cover one of the options for corrective cycles, namely Flat.
Let's now look at the 'flat' separately as a stand-alone correctional structure. I remind you, 'flat' and 'plane' are essentially the same thing. So, the 'flat' always has a three-wave structure, and it looks like this: 3-3-5. That is, you can identify it by the third wave "C", which always has a five-wave structure. But it can also be a Ending diagonal. And all this will be within the scope of a regular 'flat' or 'plane'. If we draw a line from the base of wave A and the maximum of wave "B", and then also draw a line or level from the end of wave "A" and the end of wave "C", we will get parallel lines, which is exactly what the name Flat hints. And this wave "B" should roll back approximately 90% of wave "A" for everything to look nice. But not always, because there is also an expanded 'flat' and a running 'flat', whichever you prefer.

Well then. Let's look at the main rules and guiding norms for flats.

✅General rules✅
📍A flat always subdivides into three waves.
📍Wave "A" is always a zigzag, flat or combination.
📍Wave "B" is always a zigzag.
📍Wave "C" is always an impulse or a ending diagonal.
✅General guidelines✅
📍Wave "A" is usually a zigzag.

✅Regular Flat✅
Rules
📍Wave "B" never goes beyond beyond the start of wave "A".
📍Wave "B" always retraces at least 90 percent of wave "A".
📍Wave "C" always ends past the end of wave "A".
Guidelines
📍The rarest type of flat correction.

✅Expanded Flat✅
Rules
📍Wave "B" always ends after the start of wave "A".
📍Wave "C" always ends past the end of wave "A".
Guidelines
📍Wave "B" usually retraces 123.6 or 138.2% of wave "A", less often — 161.8%.
📍Wave "C" is often equal to 161.8% of wave "A", less often — 261.8%.
📍The most common type of flat correction.

✅Running Flat✅
Rules
📍Wave "B" always ends after the start of wave "A".
📍Wave "C" never goes beyond the end of wave "A".
Guidelines
📍Within such a flat wave "B" should end well above the origin of wave "A" and that means wave "C" might reflect a 61.8% or even a 100% relationship to wave "A".
📍A running flat indicates that the forces in the direction of the larger trend at next higher degree are powerful.
📍Wave "B" is usually no more than twice the length of wave "A".
Keep in mind that a running flat is rare.


Thank you for your attention! There will be another lecture next week! Don't miss it!
🔔Links to other lessons in related ideas.🔔