
The basic structure of Best forex trade cashback theory cons Bestforextradecashbackts of eight cashback forex (five up forexbrokercashback three down or five down and three up), bestcashbackprogramsforex an uptrend, consisting of five up waves (push wave) and three down waves (adjustment wave); in a downtrend, consisting of five down waves (push wave) and three up waves (adjustment wave) push wave and the main trend direction, while the adjustment wave is the same as the main trend direction Figure 185 is a diagram of the eight-wave cycle in an uptrend, the left 1-2-3-4-5 is the push wave, the right A-B-C is the adjustment waves in all the analysis and examples after this chapter, we are quoted in the uptrend, the case of the downtrend and the uptrend is just the opposite, leaving the reader to their own analysis If a wave trend direction and it is a higher level of the trend direction of the same wave, then this wave is defined as the main wave main waves include: the first wave, the third wave, the fifth wave, A wave and C wave nbsp;Adjustment wave is a wave that runs in the opposite direction of its previous level wave (main wave), is the adjustment of the previous wave Although adjustment waves are more complex and more difficult to count, they have a common feature is that: they all appear in three waves or three waves of deformation, never in the form of five waves adjustment waves include: the second wave, the fourth wave, wave B and ABC wave ABC is the adjustment of the The first wave to the fifth wave of the adjustment Forex trading experience tips www.waihuibang.com/fxschool/experience/ (1) the main wave and adjustment wave: the main wave of the extension can only appear in the form of five waves, never in the form of three waves, as shown in Figure 186 adjustment wave subdivision Can only appear in the form of three waves, must not appear in the form of five waves, as shown in Figure 187 (2) the shape of the adjustment wave: adjustment waves appear in the form of usually two: 5-3-5 sawtooth and 3-3-5 flat shape 5 -3-5 sawtooth shape refers to the adjustment wave A subdivided into five waves, adjustment wave B subdivided into three waves, adjustment wave C subdivided into five waves; 3-3-5 flat shape refers to the adjustment wave A subdivided into three waves, adjustment wave B subdivided into three waves, adjustment wave C subdivided into 5 waves If the adjustment wave appears in a 5-3-5 sawtooth shape, the length of wave C is equal to one or 1.618 times that of wave A. The sign is that wave C crosses the low point of wave A, as shown in Figure 188 If the adjustment wave appears in a 3-3-5 The length of the C wave is equal to the length of the A wave, as shown in Figure 189 (3) Adjustment wave chart patterns: Adjustment wave icon patterns include triangles, expanding triangles, diamond patterns, flags and wedges, etc. as shown in Figure 190 Adjustment wave usually lasts a long time, the shape is complex, is the most difficult to grasp the stage, not handled well, the profit will be quickly buried in this phase Figure 191 is in the trend trading method, uptrend in the location of the continued pattern Figure 192 is in the trend trading method, downtrend in the location of the continued pattern Example: Figure 193 is the euro July 19, 2007 - August 9, 2007 4-hour trend Figure 193 can see that the euro has broken through both the inflection line and the downtrend line, according to our assumptions about the trend, indicating that the previous downtrend has ended, the future will start to rise or horizontal finishing trend by the K-line theory can be seen, the price formed a reversal pattern, is expected to start back to the bar trend, that is, there will be a sustained pattern, the possible formation of sustained patterns include triangles, expanding triangles, diamond patterns, flags or wedges Figure 194 can be seen, the euro after the formation of triangle continuation pattern, according to the triangle adjustment rules, the current completion of a-b-c-d, e is about to complete, and will soon break through to start an upward trend Figure 195 is the euro after the trend chart Figure 196 is the dollar against the Swiss franc hourly chart trend, after the figure broke the downtrend line, to start a round of upward trend, after the continuation pattern Flag and triangle two adjustments Figure 197 is the SSE index on May 12, 2006 after breaking the downtrend line, the formation of three adjustments, the adjustment of the sustained pattern were: expansion triangle, diamond pattern and triangle About other sustained patterns, the reader can find themselves in the previous trend chart, and do analysis and summary However, investors should note that the reversal The distinction between patterns and continuation patterns is not absolute. The 4-hour chart on May 27, 2004, Figure 198 shows that after the formation of the head and shoulders pattern, the USD/CHF did not stop rising, the price instead continued the original downtrend Similarly, the emergence of a sustained pattern, but also can not be 100% sure that the market will continue to maintain the original up or down trend in the formation of sustained patterns of graphics, but also to beware of the market reversal The possibility of Figure 199 is the EUR/USD weekly trend chart Figure 199 can be seen, the euro in 0.8221 historical lows encountered support after the recovery, after the formation of a 6-month-long positive triangle sustained pattern, but the price did not continue the previous downtrend, but in May 19, 2002 broke through the upper edge of the positive triangle, the formation of a large bottom, the start of a long-term uptrend. Therefore, in the analysis and application of graphs, we must be flexible and not be too superstitious.