iMPULSE LEG:
Wave 2 = 61.8% of wave 1 (Prices usually do not retrace more than 61.8% of the wave 1 gains;
Can never exceed the start of wave 1);
wave 3 = 161% ext of wave 1 (can never be the shortest impulse wave);
wave 4 = 38.2% of wave 3 (can never overlap wave 1 [i.e., cross into the same price area]);
wave 5 = wave 1
CORRECTiON:
Wave A = usually around the 50% or 61.8% of wave 5
Wave B = Usually 50% of Wave A and Should not exceed 75% of wave A
Wave C = Wave A (AB=CD)
161% ext Wave A
262% ext Wave A
Eventual Patterns inside the Impulse:
Eventual Cypher pattern:
Point B:
38.2% to 61.8% XA
Point C:
127% to 141% ext XA
Point D:
78.6% XC
Target:
TP1 38.2% CD
TP2 61.8% CD
Eventual Patterns inside the Correction:
AB=CD pattern IF the wave B retracement do not exceed the 61.8% of Wave A, in this case one Cypher pattern can be forged too;
Wave 2 = 61.8% of wave 1 (Prices usually do not retrace more than 61.8% of the wave 1 gains;
Can never exceed the start of wave 1);
wave 3 = 161% ext of wave 1 (can never be the shortest impulse wave);
wave 4 = 38.2% of wave 3 (can never overlap wave 1 [i.e., cross into the same price area]);
wave 5 = wave 1
CORRECTiON:
Wave A = usually around the 50% or 61.8% of wave 5
Wave B = Usually 50% of Wave A and Should not exceed 75% of wave A
Wave C = Wave A (AB=CD)
161% ext Wave A
262% ext Wave A
Eventual Patterns inside the Impulse:
Eventual Cypher pattern:
Point B:
38.2% to 61.8% XA
Point C:
127% to 141% ext XA
Point D:
78.6% XC
Target:
TP1 38.2% CD
TP2 61.8% CD
Eventual Patterns inside the Correction:
AB=CD pattern IF the wave B retracement do not exceed the 61.8% of Wave A, in this case one Cypher pattern can be forged too;
Harmonic Patterns | Market Analyst | Forex Analytix | Porto, Portugal
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
Harmonic Patterns | Market Analyst | Forex Analytix | Porto, Portugal
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
