fitditcorp wrote: Fri Mar 27, 2020 3:15 pm Hey Implant,
Thanks for the help.
I was wondering what you mean by "sharp puncture of the main trend line"?

Also, in your first post you mentioned the amount of correctional wave to be from 50%. You didn't mention this with this Nikkei example.

Can you please explain?

By the words "sharp puncture of the main trend line" I meant crossing this line in one breath, literally in one candle. In the picture this is shown by a red arrow. At the same time, the yellow rectangle shows the opposite situation, when the price crossed this line with a pullback.
Regarding the correction, it clearly corresponded to the conditions and was at the level of 76.4%