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.
Japanesepattern
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