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To: nspolar who wrote (115058)3/19/2005 12:58:39 PM
From: skinowski  Read Replies (1) | Respond to of 209892
 
NS, could you post the link? A Flat is generally defined as a 3-3-5 move, with "C" being the fiver. The following - and the link with pics - are from the EWI web site:

Three types of 3-3-5 corrections have been identified by differences in their overall shape. In a regular flat correction, wave B terminates about at the level of the beginning of wave A, and wave C terminates a slight bit past the end of wave A, as we have shown in Figures 14 and 15. Far more common, however, is the variety called an expanded flat, which contains a price extreme beyond that of the preceding impulse wave. In expanded flats, wave B of the 3-3-5 pattern terminates beyond the starting level of wave A, and wave C ends more substantially beyond the ending level of wave A

Note that the "expanded" flat is far more common...

elliottwave.net