In Elliott Wave Theory, flat patterns are consolidation moves that are designed to eat up more time than price. Flat patterns tend to be shallow retracements of the previous trend and when finished, ...
Ripple (XRP) edges up above $1.42 at the time of writing on Monday, following two consecutive days of price correcting from last week’s high of $1.47. A strong support level appears to be forming at ...
In this webinar recording, we assessed a corrective pattern in Elliott Wave Theory that is a difficult one to trade, the flat. There are three types of flat patterns: Regular Irregular or expanded ...
-Elliott Wave flat patterns correct sideways and tend to be shallow -Gold prices appear to have just finished an expanded flat correction -While prices are above $1247, gold prices may continue to ...