Here is one thing that can help one identify what wave they are in when things get a little hazy.
Notice first on the left the light blue short angled line. Just above it. Is a iii-3 pattern. The same happens often, but not always at end of a wave -C-. A technician needs to identify these so they know where wave -4- is at.
Now look at the while line that has 1354 on the right side. Notice this wave did not go back to wave iii area that is the beginning of wave four. This is a running wave four. That is it continually goes down. If it was any other pattern of wave four it would not go much past that line.
Now look on the other side of the chart at white line @ 1350. Notice how this traced back to a wave -2-. The retrace is a wave -B-.
Wave fours attract wave ones and fours.
Wave twos attract waves -B's-.
One can also use a retracing tool to help identify them.
Wave fours go back between 38-50%
Wave twos and B's go back 50-61.8%.
This should help one keep track of he pattern their in so they know what to expect next.
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