To Identify Patterns,
Waves 3-4 must stay within the channel created by 1-2
Wave 1-2 equals waves 3-4 (shows symmetry)
Wave 4 is within the channel created by waves 1-2
Wave 5 exceeds created by waves 1 and 3
There Should be regular time between all waves
How To Trade.
Entry point When Price Close below Created by Wave 1 and 3.
Stoploss would be High of Wave 5.
Target will be Created by wave 1 and 4.