Pattern V:
V = B+(B-C)
Pattern N:
N = C+(B-A)
Pattern E:
E = B+(B-A)
Pattern NT:
NT = C+(C-A)
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% of A & B
- Best Entry: after C wave break B Resistance
Pattern E:
E = B+(B-A)
- The Longest pattern between Japanese Patterns,
- A to B was created by a series of swings and bars
- No Risk: C should not come below 50% of the distance between A & B
- SL: Below 50% of A & B
- Best Entry: after C wave break B Resistance
Pattern NT:
NT = C+(C-A)
- The Shortest Pattern Between Japanese Patterns.
- No Risk: C should not come below 50% of the distance between A & B
- SL: Below 50% of A & B
- Best Entry: After C wave break B Resistance
