
Technical | Analysis page 514 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf
Chapter 20 Elliott, Fibonacci, and Gann 485 Flats Sideways patterns are called flats. Flats behave very similarly to zigzags except that rather than sharp upward or downward corrections to the prevailing trend, they move sideways, and their subwaves generally overlap. The characteristics for flats…