Correction Wave B to Wave C Wave C = 100% of wave AB Entry Price: 1.06444 Stop Loss: 1.07353 (91 pips) TP1: 1.04981 (146 pips) 100.0%
Correction Wave 5 to Wave A Entry Price: 1.06162 Stop Loss: 1.07662 (150 pips) TP1: 1.05393 (77 pips) 38.2% TP2: 1.04797 (136 pips) 50.0%
Extension Wave 4 to Wave 5 Entry Price: 1.36965 Stop Loss: 1.34911 (205 pips) TP1: 1.37971 (101 pips) 61.8% TP2: 1.38717 (175 pips) 78.6%
Correction Wave B to Wave C Expanded Flat 3-3-5 Wave C = 123.6% – 161.8% of wave AB Entry Price: 0.67136 Stop Loss: 0.69174 (204 pips) TP1: 0.66127 (101 pips) 123.6% TP2: 0.65234 (190 pips) 161.8%
Correction Wave A to Wave B In a zigzag, the retracement of wave A by wave B will depend on the structure of wave B. For example, in Figure A.21, if wave B is a zigzag, it should retrace 0.5 to .786 of wave A. If wave B is a triangle, it should retrace .382 to 0.50 of wave A. If wave B is a flat, it should retrace at least .887 of wave A. 38.2% of WA Entry...
Correction Wave 5 to Wave A Entry Price: 1.65832 Stop Loss: 1.69158 (33 pips) TP1: 1.62247 (36 pips) 38.2% TP2: 1.60283 (55 pips) 50.0%
Retrace to 38.2% to 50% Entry Price: 1.21354 Stop Loss: 1.25433 (41 pips) TP1: 1.16550 (48 pips) TP2: 1.141 (73 pips)