Wave modeling 1.1

This is as bare bone as it gets for the path I’ve gone down; Without any retracement percentages and only looking for truly unique HHs and LLs. I present…


In picture form:


Considering that these reset every day, it makes sense why it’s so hard to achieve wave structures that are more complex. The “H” formation only appears four times in the entire data set. At the same time, the frequency of the B and C formations, though logically very common, makes potential forecasting easier. I can try to find a way to spend some more time looking into what’s going on in those structures

Edit: Fixed an error in my data set (10/6/13)


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