[EW COURSE] RATIO ANALYSIS (impulsive)
Updated
Sequence of Impulsive Waves (12345 bullish). These are 8 Fibo/Ratio we use in our analysis/setup.
From a technical point of view (guidelines), traders try to:
=> take Long Position on Wave 2 (38%/61.8% W1)
=> and Stop below Wave 1 (close bar)
=> take Long Position on Wave 4 (38%/50% W3)
=> and Stop below Point 1 (close bar)
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GLOSSARY
![[EW COURSE] GLOSSARY](https://s3.tradingview.com/c/cXEl9IYs_mid.png)
From a technical point of view (guidelines), traders try to:
=> take Long Position on Wave 2 (38%/61.8% W1)
=> and Stop below Wave 1 (close bar)
=> take Long Position on Wave 4 (38%/50% W3)
=> and Stop below Point 1 (close bar)
Thank you for your support!!
GLOSSARY
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IMPULSIVE STRUCTURE (WAVES) EXAMPLE, IN PLAY on AudUsd pair:- Bearish Type
![[AUDUSD] IMPULSIVE STRUCTURE IN PLAY...](https://s3.tradingview.com/u/U0sT11NL_mid.png)
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- Bullish Tipe![[GBPUSD] IMPULSIVE TREND](https://s3.tradingview.com/e/e0Pxz40s_mid.png)
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EXAMPLE: 12345+ABC![[EURAUD] PULLBACK WAITING](https://s3.tradingview.com/j/Jtu8yczW_mid.png)
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