The The was outlined by H.M. in his book Profits in the , published in 1935. Although the pattern is named "The ," the book did not discuss specific Fibonacci retracements! It was not until "The Trader" was released that the specific retracements of the B point at a .618 and the D point at a .786 were assigned to the pattern. There are others who have assigned Fibonacci retracements to this framework. However, they use a variety of Fibonacci numbers at the B and D points. Despite these variations, the Fibonacci retracements that yield the most reliable reversals are the .618 at the B point and the .786 at the D point. Furthermore, the pattern should possess a distinct pattern that converges in the same area as the 0.786 XA retracement and the BC projection (either 1.27 or 1.618). The most critical aspect of the is the B point retracement, which must be at a 0.618 of the XA leg.