You can expect a decent move (Wave C, Target $ 0.0000417)
Hello Everyone.
What's a Flat pattern?
A flat is a pattern consisting of three waves labeled A-B-C
The most common structure is that Wave A and Wave C demonstrate equality (Regular Flat).
Structure:
3-3-5 internal structure
Wave A:
Wave A could be any correction pattern except triangles.
Wave B:
Wave B = 90% of wave A (in most cases, it's a zigzag)
Wave C:
Wave C =100%, or 123.6% of wave B.
The next level of detail that I will use is: Wave C is always an impulse or an ending diagonal.
Conclusion:
Powerful? yes!
Target:
$ 0.0000417, +100%
What's a Flat pattern?
A flat is a pattern consisting of three waves labeled A-B-C
The most common structure is that Wave A and Wave C demonstrate equality (Regular Flat).
Structure:
3-3-5 internal structure
Wave A:
Wave A could be any correction pattern except triangles.
Wave B:
Wave B = 90% of wave A (in most cases, it's a zigzag)
Wave C:
Wave C =100%, or 123.6% of wave B.
The next level of detail that I will use is: Wave C is always an impulse or an ending diagonal.
Conclusion:
Powerful? yes!
Target:
$ 0.0000417, +100%
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