UNDERSTANDING PATTERNS CORRECTLY

27 בנוב׳ 2016

Hi Guys, hope you are all having a wonderful time. I would like to show one of the well known patterns in the chart based on EW theory, Expanding flat. Not knowing this pattern and how to correctly recognize may mislead traders draw it incorrectly . It is a continuation pattern as are ALL CORRECTIVE STRUCTURE. I will also post some more of this pattern in the update so they are not mistake for anything else.

27 בנוב׳ 2016

הערה

27 בנוב׳ 2016

הערה

27 בנוב׳ 2016

הערה

27 בנוב׳ 2016

הערה

that should read ** not mistaken for anything **