Case Studies:
The best way to understand how this pattern works is to study collection of charts with real life examples.
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Projections. Wave 5 up
To find the minimum target for the Wave 5 up we first measure distance covered by Wave 3 up and then project that distance by one of common ratios from the bottom of a corrective Wave 4 down. We will study the most common extention ratios for the wave 5 in the next lesson!
MAIN FEATURES
- Wave 5 up reacts to both preceding waves 3 up and 4 down.
- To predict a target for Wave 5 up we should measure the total distance from the start of Wave 1 up to the top of Wave 3 up and project it from a point of completion of Wave 4 down.
- Introduction to Section 9.
- How wave C relates to wave A and what projection ratio is.
- How to predict the bottom of the wave C down.
- Wave C: the most common projection ratios to wave A.
- How to predict the top of the wave 3 up.
- Most Common Projection Ratios for the wave 3.
- How to predict the top of the wave 5 up.
- Most Common Projection Ratios for the wave 5.
- Case Studies: Application of Projections Ratios for wave C up.
- Case Studies: Application of Projections Ratios for wave 3 up.
- Case Studies: Application of Projections Ratios for wave 5 up.