The Expanded Flat is a key corrective pattern in Elliott Wave theory, often signaling market continuation before a strong move. It consists of three waves: an A wave moving slightly against the trend, a B wave that extends beyond the starting point of wave A, and a C wave that surpasses the end of wave A. Traders analyze this pattern to anticipate trend reversals and potential trading opportunities.
Explore detailed insights, chart examples, and expert analysis on the Expanded Flat pattern at Brash Means: Expanded Flat Analysis.
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Reading Time: < 1 minuteDeceptive in its moves, The Expanded Flat Pattern’s push to a new low (in which at first glance) appears to be a break-out to the downside from a triangle pattern. The triangle pattern is legit; It’s just that it has formed in Wave (B) of ((B)). Some call this a false break-out, while it never[More…]
