Strong interest in this one is noted.
The is a technical wave pattern in which the market is trending but is making sharp reversals along the way. The key point of the is that both the lows and the highs are trending upwards. In the , the opposite happens.
that is based on Fibonacci levels. Stop is often placed under X as it is the lowest point in the pattern. I have had luck placing my stop under D. Just be sure you place it in a spot that everyone else in the market is using! LOL
Not a recommendation