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Learning Flat Elliott Wave Structure

There are three different types of Flat Elliott Wave Structure:

A. Regular Flat Elliott Wave Structure

Rules:

1. Corrective 3 waves labelled as ABC
2. Subdivision of wave A and B is in 3 waves
3. Subdivision of wave C is in 5 waves
4. Wave B terminates near the start of wave A
5. Wave C generally terminates slightly beyond the end of wave A
6. Wave C must have momentum divergence

Fibonacci Relationship:

1. Wave B = 50%, 61.8%, 76.4%, or 85.4% of wave A
2. Wave C = 61.8% – 123.6% of wave AB

B. Expanded Flat Elliott Wave Structure

Rules:

1. Corrective 3 waves labelled as ABC
2. Subdivision of wave A and B is in 3 waves
3. Subdivision of wave C is in 5 waves
4. Wave B terminates beyond the starting level of wave A
5. Wave C ends substantially beyond the ending level of wave A
6. Wave C must have momentum divergence

Fibonacci Relationship:

1. Wave B = 123.6% of wave A
2. Wave C = 123.6% – 161.8% of wave AB

C. Running Flat Elliott Wave Structure

Rules:

1. Corrective 3 waves labelled as ABC
2. Subdivision of wave A and B is in 3 waves
3. Subdivision of wave C is in 5 waves
4. Wave B terminates substantially beyond the starting level of wave A
5. Wave C travels full distance, falling short of the level where wave A ended
6. Wave C must have momentum divergence

Fibonacci Relationship:

1. Wave B = 123.6% of wave A
2. Wave C = 61.8% – 100% of wave AB

Learning Flat Elliott Wave Structure recording

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