Technical - Time Projection

- Most ABC corrections are complete in the 38% to 62& time retracement zone
MAX time retracement to complete complex correction is 100%
- Alternate Time Projection (ATP) for correction : 62%, 100% & 162%
Time range measured from O to A & projected from Wave B
- Time range of recent low-low cycles to identify next probable low & vice versa
- High Probability Trading Strategies by Robert C. Miner stopped at Page 118. Read stop at Page 173.

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Technical - Alternate Price Projection (APP)

- APP compares swings in the same direction.
- An APP which does not fall relatively near a retracement only signals minor support/resistance.
- Reversals are highly probable in relatively narrow-range zone formed by retracements (internal & external) & APPs. Use stochastics to reinforce.
- End of Wave C Price Target Projection in order of importance
1. Internal Retracement: 38%, 50%, 61.8%
2. APP of Wave A: 62%, 100% & 162%
FIBO O-A & project from B to identify to identify a probable target for the next swing up that may complete a correction
3. External retracement of Wave B: 127%, 162& & 262%
- End of Wave 5 Price Prohection in order of importance
1. APP of waves 1 to 3 from Wave 4: 38.2%, 62% & 100%
2. APP of Wave 1 from Wave 4: 100%
3. External Retracement of Wave 4: 126%, 162% & 262%

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Technical - Elliott Wave

Correction
- Will not take out the extreme that began the prior trend and make new low/high.
- Usually at least 3 sections
- Wave C should exceed Wave A extreme, MKT makes a new low/high and then trades back into the range of the prior section (Reinforce with stochastics momentum reversal), MKT trades beyond Wave B extreme signals correction should be complete.

Trend
- Usually at least 5 sections
- Wave 2 cannot trade beyond beginning of Wave 1, Wave 3 cannot be the shortest wave. Wave 4 cannot make a daily close into closing range of Wave 1.
- If a correction is greater in time & price than any previous correction of the trend section, it is counted as a completed wave. When a trend is complete, a correction greater than Wave 2 or Wave 4 corrections should be made.
- MKT trades beyond Wave 3 extreme, trend is in final stage. Use stochastics momentum reversal to reinforce Wave 5 position. MKT trade beyond Wave 4 signals the end of the 5 wave trend.
- A complete trend is followed up by either a correction or new trend in opposite direction

Wave 2 = .618 to .786 of wave 1
Wave 3 = 1.618 of wave 1
Wave 4 = .236 to .382 of wave 3
Wave B = .618 to 1,382 of wave A
Wave C = 1 to 1.618 of wave A



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Technical - Stochastics

1. 5 min chart
EMA55 UP, stochastics distinctly in oversold zone
2. Both stochastics lines goes to neutral zone
3. 1 min chart
EMA55 up
Entry: long at momentum bullish reversal
4. 5 min chart
Exit: Momentum bearish reversal in overbought zone

Analysis: +17, +21, +8

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