usually between 1.272% and 1.618% extensions.
But here is how i went with it after i met it later
usual pattern but an extension here
usual 1.272% extension as XA leg
usual 78.6% or as AB leg for C
(note: BC could be any retracement between 38.2% - 88.6%)
usual 1.618% extension AB leg
CB extension 200%. this just confirm likely retracement for D
1.272% extension of CD leg of patten also as confirmation of D retracement
any other extension of retracement within C to D leg not greater than 2.618%
confirmation of entry are:
1. within 1.272% and 1.414% of XA extension
2. 1.618% extension of AB leg
3. not greater than 2.618% extension of BC leg
4. 1.272% extension of CD leg of pattern
5. double or triple bottom with divergence
here i also waited for a double or triple with divergence bottom in a lower time frame for confirmation.
risk to ratio of 1:2.5
bam! got the cash handy. before NFP.