Possible Regular Flat WAVE 4

• A corrective 3 waves move labelled as ABC
• Subdivision of wave A and B is in 3 waves
• Subdivision of wave C is in 5 waves impulse / diagonal
• Subdivision of wave A and B can be in any corrective 3 waves structure including zigzag, flat, double three, triple three
• Wave B terminates near the start of wave A
• Wave C generally terminates slightly beyond the end of wave A
• Wave C needs to have momentum divergence
Fibonacci Ratio Relationship

• Wave B = 90% of wave A
• Wave C = 61.8%, 100%, or 123.6% of wave AB

These are the guidelines for a regular flat

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elliottwave-forecast.com/elliott-wave-theory/