Running Flat


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Summary of Running Flat Pattern

A running flat is a type of flat correction consisting of a 3-wave A-wave, a 3-wave B-wave, and a 5-wave C-wave. In this formation, the B-wave retraces beyond the start of the A-wave, similar to an expanding flat. Running flats commonly occur in the wave 4 position of an impulse and signal a strong underlying trend corresponding to the degree of correction. Unlike an expanding flat, the C-wave in a running flat does not exceed the end of the A-wave, with the A and C waves often exhibiting a 1-to-1 relationship.


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