hard · Elliott Wave Theory
In a running flat (a 3-3-5 correction), wave B terminates well BEYOND the origin of wave A and wave C fails to reach the end of wave A. A second analyst argues the same price path is better read as an expanded flat that simply 'ran out of room.'
What is the single most decisive feature that distinguishes a running flat from an expanded flat here?
- In a running flat wave C falls short of wave A's end (net price progress in the trend direction), whereas in an expanded flat wave C exceeds wave A's end against the larger trend.
- In a running flat wave B exceeds wave A's start while wave C exceeds wave A's end, so both subwaves over-travel; in an expanded flat only wave B over-travels.
- In a running flat wave B fails to exceed the start of wave A, which is the defining contrast with the expanded flat's over-traveling wave B.
- In a running flat wave C and wave A are equal in length, while in an expanded flat wave C is exactly 1.618 times wave A, so the ratio decides it.
Sign up free to see the explanation and track your rank →
More Elliott Wave Theory practice
- In a five-wave advance, Wave 1 is 10 points long, Wave 3 is… — How should this count be co
- A commodity price moves from $80 to $96, pullbacks to $88, t… — If an analyst identifies t
- Which is more likely?
- According to the Swing Count Validation technique, what should the trader conclude?
- Based on common Fibonacci relationships, how far might Wave C drop from the end of Wave B?
- An analyst sees a 'Close-Below-Prior-Swing Test' fire when p… — What does this likely sign
- According to the 'Fourth-Wave Target Zone' guideline, where is a correction most likely to
- According to the Guideline of Alternation, what should you expect for Wave 4?