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ATM ELLIOTT WAVE | WAVE ANALYSIS

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A Flat correction begins with Wave A retracing 75% of Wave One.  Then Wave B equals the high of Wave one.  And Wave C equals the low of Wave A.

In a Flat Correction, Wave B equals the high of Wave 1 and Wave C equals the low of Wave A.

However, if Wave A retraces 75% of Wave 1, the retracement is considered Complex.

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