here Basic explanation of how to count the waves:(Left to Right) Wave 1= Wave 2+ Wave 3 Wave 1= Wave 3 Wave 1+ Wave 2 = Wave 3 in Very rare cases we will Have Wave 2 + Wave 3 (last wave)
Example of how to combine Ichimoku Wave with Japanese patterns. Important Notes: The best practice is to calculate waves or J-Patterns in a Daily chart (It Can Be Done in 4H) find the targets in the Daily or 4H chart for Long Term Trades Use a lower time Frame for Swing or Scalp Trading Remember that after a series of J-Patterns, the P & Y will appear...
Pattern V: V = B+(B-C) Each leg looks like i, V pattern appears after sharp bullish or bearish moves without swing. The second leg should not create a low below the low of the first leg. Pattern N: N = C+(B-A) The most popular and most used between Japanese patterns. No Risk: C should not come below 50% of the distance between A & B SL: Below 50%...
A set of equations AB=C A=C C=B(AB) A=B+C can be used to create waves that can be applied to every high and low or trend cycle. Combining these waves with Japanese Patterns can help to create more accurate TP and exit points. Some tips for better results include using the nearest Japanese/Japsian number if the numbers are shy of the main Japanese Number. For...