How To Count Waves in Ichimoku Wave Theory'shere Basic explanation of how to count the waves:(Left to Right)
Wave 1= Wave 2+ Wave 3
Wave 1= Wave 3
Wave 1+ Wave 2 = Wave 3
in Very rare cases we will Have Wave 2 + Wave 3 (last wave)
Japsian
Ichimoku Waves + Japanese PatternExample of how to combine Ichimoku Wave with Japanese patterns.
Important Notes:
The best practice is to calculate waves or J-Patterns in a Daily chart (It Can Be Done in 4H)
find the targets in the Daily or 4H chart for Long Term Trades
Use a lower time Frame for Swing or Scalp Trading
Remember that after a series of J-Patterns, the P & Y will appear to change the cycle(Trend), Or enter the new Zone, and continue the Bullish or Bearish Trend.
JAPANESE PATTERNS 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
Ichimoku Wave Theory's | Time CycleA set of equations
AB=C
A=C
C=B(AB)
A=B+C
can be used to create waves that can be applied to every high and low or trend cycle. Combining these waves with Japanese Patterns can help to create more accurate TP and exit points.
Some tips for better results include using the nearest Japanese/Japsian number if the numbers are shy of the main Japanese Number.
For instance, instead of using A=60, use A=63. Similarly, use AB=99 instead of AB=97.
Below are some Japsian Key Numbers that can be used to enter new cycles and create better results:
- First Cycle: 9, 17, 26
- Second Cycle: 35, 44, 52, 63, 72, 77
- Entering New Cycle: 90, 99, 108, 129, 153, 216
