- 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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