Pattern Height = Engulfing Candle High (top of wick) - Prior Candle Low (bottom of wick). For ETH/USD example: Engulfing candle high = $2,637 (top of wick). Prior candle low = $2,113 (bottom of wick). Pattern Height = $2,637 - $2,113 = $524. Target = $2,637 + $524 = $3,161.
From Feburary high we've had our ABC correction and now in our 5 wave EWT. Wave 5 targets projected. i've used the green to show the micro 5 wave to get to my macro 5th wave.
Basic Cup and Handle Set-Up - or simply break of range... but i like the C&H
Much further to go, but could be the breakout and target ;)
