Learning Fundamentals: Flat (3-3-5)
A flat correction differs from a zigzag in that the subwave sequence is 3-3-5, as shown in Figures 1 and 2.
Flat corrections usually retrace less of preceding impulse waves than do zigzags. Within impulses, fourth waves frequently sport flats, while second waves rarely do.
Key Takeaway: Flats and triangles are sideways corrections and wave B often exceeds the origin of wave A.
For a complete description, please read Elliott Wave Principle: Key to Market Behavior by Robert Prechter and A.J. Frost.


Video Topic: Flat (3-3-5)
A Look at the Reverse Fibonacci Targeting Technique
9/26/2023 12:12:00 PM
Market: AAPL, BRK.B, FIS, LMT, SPX, XLK
Runtime: 13:30
Topics:
Fibonacci,Wave Counting,Flats,Zigzags,Triangles
A Wave Counting Exercise and Current Analysis of RJF
9/22/2023 10:03:00 AM
Market: RJF
Runtime: 29:07
Topics:
Wave Counting,Combination,Diagonal,Flats,Impulse,Zigzags,Triangles
A Wave Counting Exercise and Current Analysis of HES
8/23/2023 11:00:00 AM
Market: HES
Runtime: 17:23
Topics:
Wave Counting,Impulse,Flats,Zigzags,Diagonal,Complex Corrections,Fibonacci
I Review Subscriber Wave Counts on HES
8/22/2023 10:14:00 AM
Market: HES
Runtime: 29:30
Topics:
Wave Counting,Impulse,Flats,Zigzags,Complex Corrections,Diagonal,Truncation