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21 Jan, 2023
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Tag: chart pattern

Running zigzag Pattern

August 27, 2022August 3, 2022 Fxpips Gainer TeamElliott Wave Theory

Description Apart from contracting Triangles, a failure in a corrective pattern happens when the C wave is shorter than wave A and fails to go beyond the end of A. This mostly happens in Running Flats and or in Zigzags.…

chart pattern, elliott wave theory, Forex concept, how to trade with ellioatt wave theory, impulse wave, patterns, Running Flat Pattern, wedge patternLeave a comment
zigzag flat pattern

Zigzag Flat Pattern

August 26, 2022August 3, 2022 Fxpips Gainer TeamElliott Wave Theory, Forex study

Description It is a common pattern that is exactly the same as a Zigzag, except for the fact that the B wave is allowed to retrace more than 61.8% of wave A.

chart pattern, triangle chart pattern, zigzag flat patternLeave a comment
Impulse 2 pattern

Impluse 2 Pattern

August 24, 2022August 3, 2022 Fxpips Gainer TeamElliott Wave Theory

Description An Impulse 2 is an uncommon pattern that resembles a normal impulse considerably. In our daily analysis we allow for a maximum retracement of 51.5% for wave 4 in an impulse or other trend pattern. Of course sometimes the…

chart pattern, elliott wave theory, Forex concept, how to trade with ellioatt wave theory, impulse waveLeave a comment

Expanded Flat or Irregular Flat Pattern

August 14, 2022August 3, 2022 Fxpips Gainer TeamElliott Wave Theory, Forex study

Description This is a common special type of Flat. Here the B wave is extended and goes beyond the (orthodox) end of the previous impulsive wave. The strength of the B wave shows that the market wants to go in…

chart pattern, Elliot wave theory, Expanded Flat or Irregular Flat Pattern, triangle chart patternLeave a comment
Flat Pattern

Flat Pattern

August 12, 2022August 3, 2022 Fxpips Gainer TeamElliott Wave Theory

Description Flats are very common forms of corrective patterns, which generally show a sideways direction. Waves A and B of the Flat are both corrective patterns. Wave C on the contrary is an impulsive pattern. Normally wave C will not…

chart pattern, Elliot wave theory, flat patternLeave a comment

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  • Practical Elliott Wave Trading Strategies Part 1
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  • Running Flat (modern) Pattern
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  • Impluse 2 Pattern
  • Running Flat Pattern
  • WXY or Combination Pattern
  • Expanding Triangle Pattern
  • Contracting Triangle Pattern
  • Expanded Flat or Irregular Flat Pattern
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