Education

JAPANESE PATTERNS

By Japsianv2

Pattern V:
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

Japsianv2

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