Sunday, December 20, 2009

>What is Expanded Flat ?

Any kind of ABC correction which contains (3,3,5) subwaves is called a FLAT.

Expanded flat is special flat in which the B subwave crosses above A high and C ends below
wave A low.
Attaching a chart to show it.

Flats usually produce powerful trade setups.

Regards
Rish
RESEARCH REPORTS

1 comments:

Stock Reports said...

Research Report on Construction Sector: http://stock-report.blogspot.com/2009/12/indian-construction-sector-anand-rathi.html

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