ABC PATTERN

Wave B = 50%, 61.8%, 76.4% or 85.4% of wave A
• Wave C = 61.8%, 100%, or 123.6% of wave A
• If wave C = 161.8% of wave A, wave C can be a wave 3 of a 5 waves impulse. Thus, one way to label between ABC and impulse is whether the third swing has extension or not
C=61.8% =1.2398
C=100 % =1.2322
C=138.2 % =1.2246
C=168.2 % = 1.2198

Trade closed: target reached:

C=61.8% =1.2398
C=100 % =1.2322

Comment:

we are going to target
C=138.2 % =1.2246

Trade closed: target reached:

C=138.2 % =1.2246