Archives June 2020

Wave Patterns

A couple of years ago, I made these sheets for our Training Group.

Most important of Wave Patterns is the start of a pattern.
It’s always AFTER the impulsive move. Common mistake I often see on Twitter is to start a pattern somewhere in the previous (impulsive) move, often done to fit his/her bias.

A wave pattern is most of the times a consolidation pattern. Can be a reversal pattern or a continuation pattern.
The pattern starts where the consolidation starts. A pattern is only confirmed after a break out in the expected direction!

We hope this helps you in your Crypto Journey!