Chartchampions Live Streams Flashcards
what watchlist you need
CLStr_5.5.19
according to the markets (Binance, Bitmex etc)
Favorits you want to trade
https://www.dropbox.com/s/7bpsa9lgxdba4a6/Screenshot%202019-05-08%2020.43.50.png?dl=0
https://www.dropbox.com/s/3qc7ko7asli1cm7/Screenshot%202019-05-08%2020.47.46.png?dl=0
why you need only trade watchlist?
CLStr_5.5.19
You need to know very well, religiously follow >> feel for it, know every day how it moves
you know which react to FIB levels/which go through
First thing in the morning
CLStr_5.5.19
Check the whole watch list
Check swing high/low FIB levels
major Res lines (M, W, D, 4H lines)
patterns
major EW count
Second step after checking the watchlist
CLStr_5.5.19
Mark the best candidate coins for D trade (red, right click flag)
3rd step after checking the watchlist
CLStr_5.5.19
Mark the best candidate coins for Swing trade (orange, right click flag)
Last step after flagging coins from the watchlist
CLStr_5.5.19
Set alerts fo entry >> daytrade the best setups
How to set alerts for Scalping
CLStr_5.5.19
Every coin on every timeframe >> extreme time demanding (de van ami kesobbiekre is megmarad…)
TFs: 3m, 5m, 15m, 1H, 4H, 1D RSI 30/70 setup) (Once per bar)
https://www.dropbox.com/s/i5vgqsie71cl4fv/Screenshot%202019-05-08%2021.09.41.png?dl=0
What TF set alerts for Swing Trading
CLStr_5.5.19
1H, 4H, D
Moving up & down %-3% over 3 bars once per bar
CLStr_5.5.19
Set for the previously established TFs
Go to the TF; right click bckgr >> add alert >> changing from crossing to Moving up%: 3% (2%) in 3 bars (Once per bar)
Add alert again: Movind down %: same
Also set alert for (price) Crossing (the value before crossing> by the time of cross you can be at tyour computer)
he has a dedicated phone for alerts, not SMS just in app alerts how I figured out yesterday, connected to loudpseaker in the house…)
these are not buy/sell signals (obviously)
https://www.dropbox.com/s/zbljo5ows4hhpl2/Screenshot%202019-05-08%2021.17.11.png?dl=0
What are the alerts for?
CLStr_5.5.19
not buy/sell signals (obviously)
for check the chart
review the chart > make decision
Combine higher TF pictur with EW count
only trade when the set ups come to you; do not take trades did not come from clear setups; Patience is key
When to watchlist scan?
CLStr_5.5.19
Morning, mid-day, evening (3 times)
How many alerts you can get?
CLStr_5.5.19
Pro: 10 (2mo.) $13/M
Pro+: 30 (2mo.) $25/M
Premium: 200 (—.) $50/M
do not pay for the full price >> change email (or support ticket to apply for higher version )
canceled automatic payment
if you ask for trial > they offer 50%
https://www.dropbox.com/s/bw2bmgduocwq26m/Screenshot%202019-05-08%2021.43.49.png?dl=0
Why D4K was long in these chart?
https://www.dropbox.com/s/tdu1pkiy53wx86j/Screenshot%202019-05-08%2023.20.41.png?dl=0
https://www.dropbox.com/s/564f1b9gahmqa93/Screenshot%202019-05-08%2023.33.15.png?dl=0
CLStr_5.5.19
XBT in a FIB channel actually (fig2)
he said tricky to draw: but what he did: from low to the low at the bottom and than to the top
it the Up trendline, always rejected (wicked out, but never closed above) when it went F786 > entered
three big rejection candles on the right side from the top trendline on 4H (like before on the left twice, the second almost like a fractal (just in this case on the right we have HHs (listen again..)
GP: RES SUP throughout >> find all those points: valid for weeks
the GP showed confluence with the HOR RES red line
from the GP he targets the highs (for a sort term trade) because it is not a long term position the target is the top range >> we do not need to wait for the breakout from the top upwards
https://www.dropbox.com/s/tdu1pkiy53wx86j/Screenshot%202019-05-08%2023.20.41.png?dl=0
https://www.dropbox.com/s/t95hdenvunb3tih/Screenshot%202019-05-08%2023.29.46.png?dl=0
https://www.dropbox.com/s/ftgv5ey1ce2dahq/Screenshot%202019-05-08%2023.39.51.png?dl=0
Pre-place buys or wait for the alerts?
CLStr_5.5.19
50-50% depends on the chart
in this case where he is showing: you buy at GP when it drops: touch and bounces back, you see the candle hold when closes > buy the next candle (manually, no pre setup for buy)
catching the falling knife down is dangerous, but more reward if works out or wait untill bounce backp up with a pre-set buy..
https://www.dropbox.com/s/nodu739lui40fks/Screenshot%202019-05-08%2023.51.56.png?dl=0
On the fig we see how to buy back from the GP (double yellow line)in an upward parallel channel. What else is going on here?
CLStr_5.5.19
You can see a HOR parallel channel too, with a bit of deviation down. There is a breakout down in the middle > but comes back up to the top >> from there going back down to the bottom: you can try to wait for reaching the top again (pin-pong)
https://www.dropbox.com/s/nfcibow99ib5xq4/Screenshot%202019-05-09%2023.22.57.png?dl=0
Why did he stay long at the second great dip?
https://www.dropbox.com/s/u6ar76uv7r79oma/Screenshot%202019-05-09%2023.33.32.png?dl=0
CLStr_5.5.19
Upwards (slight angle) bottom trendline SUP (this trendline created by the two previous bottom points of the channel)
and it’s confluence with the blue line (F786 of paalell Fib channel) see fig3
the whole structur creates an ascending triangle > might break to the upside later
the whole pattern contains HHs HLs >> bullish
https://www.dropbox.com/s/ew84a9amza7vwtl/Screenshot%202019-05-09%2023.45.05.png?dl=0
https://www.dropbox.com/s/sl4yzpnxhqrt5az/Screenshot%202019-05-09%2023.38.31.png?dl=0
https://www.dropbox.com/s/x3187r6sunx9m6p/Screenshot%202019-05-09%2023.42.31.png?dl=0
Might get too many alerts..
CLStr_5.5.19
If BTC goes up > ALTs go too >> many alerts; he prefers to trade BTC over ALTs
gnerally BTC sideways > ALT season
you can remove some lower TF alerts if disturbing
remove some coins
you can get used to it
What do you want to see when go long after a drop?
https://www.dropbox.com/s/vkma4ewht04gg59/Screenshot%202019-05-09%2023.55.47.png?dl=0
CLStr_5.5.19
Confluence
HOR SUP combined with FIB sup
or pattern SUP
(in this example on the fig the SUP was massive, because it was a RES prior to a massive breakdown, without that HOR SUP just with th bottom upwards trendline it would have bee poor)
the pattern has to be strong too, on the fig2: it is not an ascending triangle -too much space on the top >> you would not take that trade in case if the side was touched
https://www.dropbox.com/s/vkma4ewht04gg59/Screenshot%202019-05-09%2023.55.47.png?dl=0
https://www.dropbox.com/s/7gs5ila36aft9xm/Screenshot%202019-05-10%2000.08.45.png?dl=0
What is the outlook about this chart
CLStr_5.5.19
Priceactionpenetrating into a brutal massive RES zone with DIV..
only short trade within that upward channel on the right side, not for a longer position
https://www.dropbox.com/s/p6poxxfsxfr3qee/Screenshot%202019-05-10%2000.11.57.png?dl=0
ZRX chart of the week RES SUP consideratins
https://www.dropbox.com/s/p945h3ws0u6364g/Screenshot%202019-05-14%2009.03.08.png?dl=0
ChartChamp LStr
He planned as a few days trade >> take profit at 17%
on the D: we expect the old RES to FLIP into SUP: very strong base SUP
https://www.dropbox.com/s/p945h3ws0u6364g/Screenshot%202019-05-14%2009.03.08.png?dl=0
https://www.dropbox.com/s/48708kfvlexkqa3/Screenshot%202019-05-14%2009.05.59.png?dl=0
https://www.dropbox.com/s/598e4jll6pr5tsy/Screenshot%202019-05-14%2009.08.08.png?dl=0
ZRX chart of the week FIB consideratins
ChartChamp LStr
Swing high-low >> FIB 786 would be an entry >>
>> but his actual entry was in between the F786 level and an above SUP level (the average price, because he had 3 entry points (at the HOR, at the SUP and at the middle) >> average price it gives
https://www.dropbox.com/s/946dmsrvuz8fm51/Screenshot%202019-05-14%2009.09.54.png?dl=0
https://www.dropbox.com/s/gpmjrqepwictrbd/Screenshot%202019-05-14%2009.11.01.png?dl=0
ZRX chart of the week RSI consideratins
ChartChamp LStr
Main considerartions
ChartChamp LStr
Three strong metrics:
ZRX chart of the week RES SUP consideratins
https://www.dropbox.com/s/p945h3ws0u6364g/Screenshot%202019-05-14%2009.03.08.png?dl=0
ChartChamp LStr_12.5.19
He planned as a few days trade >> take profit at 17%
on the D: we expect the old RES to FLIP into SUP: very strong base SUP
https://www.dropbox.com/s/p945h3ws0u6364g/Screenshot%202019-05-14%2009.03.08.png?dl=0
https://www.dropbox.com/s/48708kfvlexkqa3/Screenshot%202019-05-14%2009.05.59.png?dl=0
https://www.dropbox.com/s/598e4jll6pr5tsy/Screenshot%202019-05-14%2009.08.08.png?dl=0
ZRX chart of the week FIB consideratins
ChartChamp LStr_12.5.19
Swing high-low >> FIB 786 would be an entry >>
>> but his actual entry was in between the F786 level and an above SUP level (the average price, because he had 3 entry points (at the HOR, at the SUP and at the middle) >> average price it gives
https://www.dropbox.com/s/946dmsrvuz8fm51/Screenshot%202019-05-14%2009.09.54.png?dl=0
https://www.dropbox.com/s/gpmjrqepwictrbd/Screenshot%202019-05-14%2009.11.01.png?dl=0
ZRX chart of the week RSI consideratins
ChartChamp LStr_12.5.19
Main considerartions
ChartChamp LStr_12.5.19
Three strong metrics:
ZRX chart of the week Chart pattern considerations
ChartChamp LStr_12.5.19
The PARTIAL Rise pattern
in any pattern price action up&down from top to bottom > at a point lower high (no rise back to the top)
it can be in any pattern, in broadening wedge any, here in the parallel channel
similarly partial decline can also develop in a pattern
Partial rise >> weakness > broke down out of the channel but lower Sup held
price went up to the target and a bit more wick >> closed on the wick, immadiatelly came back down
https://www.dropbox.com/s/k67ddsqixpyn2x8/Screenshot%202019-05-14%2009.31.10.png?dl=0
https://www.dropbox.com/s/l1t53d1o0f929uz/Screenshot%202019-05-14%2010.28.17.png?dl=0
https://www.dropbox.com/s/pupdyyknvi6e0gf/Screenshot%202019-05-14%2010.45.07.png?dl=0
Partial decline pattern
ChartChamp LStr_12.5.19
See his drawing not the actual candle pattern
in a pattern can develop (he did not detail, only risen in the context of the Partial Rise pattern
https://www.dropbox.com/s/pbnqlmzmj178j7j/Screenshot%202019-05-14%2010.31.40.png?dl=0
What to with this ZRX chart?
https://www.dropbox.com/s/6dh00xp8cebubz3/Screenshot%202019-05-14%2010.47.41.png?dl=0
ChartChamp LStr_12.5.19
Price closed above the channel with a huge wick on the rejection badly shooting star
above the RES lines >> short
target: bottom of the parellel (1st target) 2nd is the bottom
>> might enter into a Long (depending how BTC holding)
https://www.dropbox.com/s/6dh00xp8cebubz3/Screenshot%202019-05-14%2010.47.41.png?dl=0
Stop postion on this short
https://www.dropbox.com/s/ktxg1faeapd9hbt/Screenshot%202019-05-14%2010.54.17.png?dl=0
ChartChamp LStr_12.5.19
Move it down from the Top where short was opened, it can come against you (look at the small green candle)
https://www.dropbox.com/s/ktxg1faeapd9hbt/Screenshot%202019-05-14%2010.54.17.png?dl=0
ABCD pattern
ChartChamp LStr_12.5.19
Advanced Fib pattern, a base harmonic pattern
>> the other harmonic patterns (Bat, Shark (new), Gartley, Butterfly) atem from ABCD
ABCD is very essential to master
he trades on his own way > for the textbook style he needed to brush up:
Ultimate Harmonic Pattern Strategy Book: The most accurate harmonic patterns and how to trade them by Casey Stubbs
inkabb ezt ajanlotta:
Harmonic Trading, Volume Two: Advanced Strategies for Profiting from the Natural Order of the Financial Markets: Advanced Strategies for Profiting from the Natural Order of the Financial Markets: 2
Scott M. Carney
https://www.amazon.com/Ultimate-Harmonic-Pattern-Strategy-Book/dp/172117768X
https://www.amazon.co.uk/Scott-M.-Carney/e/B00JQYB640/ref=dp_byline_cont_book_1
What is complex pullback pattern? How to handle?
ChartChamp LStr_12.5.19
When in a general trend >> pullbacks
the pullbacks come back to the previous high but not lower > simple pullback; when comes back lower >> complex pullback
Need to hold the previous low level (see fig red lines)
when the pullback is lower than the previous high > people think game over based on EWs
when W4 retraces deeper than W1
https://www.dropbox.com/s/kzpvxbpswvf51dp/Screenshot%202019-05-14%2011.11.33.png?dl=0
https://www.dropbox.com/s/k4u5zt7es0w5zxa/Screenshot%202019-05-14%2011.14.56.png?dl=0
Base Harmonic pattern type 1: Classic ABCD
https://www.dropbox.com/s/mdb67mayak2lzgy/Screenshot%202019-05-14%2020.48.18.png?dl=0
ChartChamp LStr_12.5.19
Impulse down from A to B (any size)
base harmonics only work on 4H+ TFs (1H is short for it)
A to B impulse > take a retracement to C (has to be between F0.618 or F0.786: measured from AB) in real life the values can looser a bit 0.5-1% dufference if fine (belloF618 and above F786
the target is D
<< 1.618F extension of C (if C was 0.618F ext of AB)
<< 1.272F extension of C (if C was 0.786F ext of AB) (from the bottom B towards C)
A to B is similar to C to D (some level of symmetry needed AB = CD more or less; faint pink shows it)
these patterns have bullish/bearish variations (in this example this an ABCD for a bullish pattern
https://www.dropbox.com/s/oqzw7c3xhoz5wkf/Screenshot%202019-05-14%2020.28.16.png?dl=0
https://www.dropbox.com/s/nzwcipuqfc5f3wu/Screenshot%202019-05-14%2020.42.54.png?dl=0
https://www.dropbox.com/s/mdb67mayak2lzgy/Screenshot%202019-05-14%2020.48.18.png?dl=0
Base Harmonic pattern type 1: Classic ABCD Bbas description
https://www.dropbox.com/s/rjnzfrt0w37adpn/Screenshot%202019-05-14%2021.00.39.png?dl=0
ChartChamp LStr_12.5.19
If C retracement from A to B is between F0.618 or F0.786
>> you can target its destination D by extending C (F1.618 or F1.272 respectively) (from the bottom B up towards C < (bullish case)
either short from C to D (rather D4K does it, not general)
D zone is the Long Position
in theexample: red box showthat high probability zone
(some level of symmetry needed AB = CD more or less; faint pink shows it)
https://www.dropbox.com/s/nzwcipuqfc5f3wu/Screenshot%202019-05-14%2020.42.54.png?dl=0
https://www.dropbox.com/s/f3aonvjy1shyl8o/Screenshot%202019-05-14%2020.53.21.png?dl=0
https://www.dropbox.com/s/dzxeormnm8n4cpi/Screenshot%202019-05-14%2020.55.56.png?dl=0
Base Harmonic pattern type 1: Classic ABCD considerations for the trade
ChartChamp LStr_12.5.19
Look for confluence: HOR
in the example on fig: confluence between the F1.618 extension and 1 to 1 ext (AB=CD) some say its actually a requirenment, I realized, that the reason: 1/0.618=1.618;
>> same zone
strong HOR Sup region red box
swing high-low GP coincides with the F1.618ext
D: long position >> target is FIB from A to D >> F0.618, F0.382
https://www.dropbox.com/s/pqzceljwt2wnqiy/Screenshot%202019-05-14%2021.12.08.png?dl=0
https://www.dropbox.com/s/2p7jt90qg2cfza4/Screenshot%202019-05-14%2021.14.02.png?dl=0
https://www.dropbox.com/s/bvgcij8b76t2725/Screenshot%202019-05-14%2021.15.07.png?dl=0
ABCD Long position targets
ChartChamp LStr_12.5.19
D: long position >> target is FIB from A to D >> F0.618, F0.382 (you need to find in these region SUP/RES lines for confluence)
take profit at F382 10-15% for making the stoploss breakeven)>> let the rest run, but keep it in mind, this is a trade, not a long term position
see the context in the example with Neo: just a countertrend in a trending market
https://www.dropbox.com/s/yllds8e8z41hs3k/Screenshot%202019-05-14%2021.23.25.png?dl=0
https://www.dropbox.com/s/3c5vcu9sa97gtqb/Screenshot%202019-05-14%2021.30.56.png?dl=0
ABCD STOP Loss
ChartChamp LStr_12.5.19
Just bellow the D point (1.618F extension)
4% stoploss here
https://www.dropbox.com/s/v83dq1wc3m3tahy/Screenshot%202019-05-14%2021.34.47.png?dl=0
ABCD example on ongoing Neo chart
https://www.dropbox.com/s/7wjbwvxtg4iwahe/Screenshot%202019-05-14%2021.37.43.png?dl=0
ChartChamp LStr_12.5.19
C point is on F618 (you would not take a long from here (but he does..), if it reaches D point >> short position there
on the example: cnfluence red box
getting up to F1.618 might be quite hard due to prior strong RES (2nd red box) >> that is why textbook suggests not to long, but wait to reach there >> short rather from D
for a long it is a bit late already green candles >> that is why you set Alerts
https://www.dropbox.com/s/7wjbwvxtg4iwahe/Screenshot%202019-05-14%2021.37.43.png?dl=0
https://www.dropbox.com/s/q5ykr7or4vp65k6/Screenshot%202019-05-14%2021.41.31.png?dl=0
https://www.dropbox.com/s/lr19ssc53i8yxkf/Screenshot%202019-05-14%2021.42.34.png?dl=0
ABCD example on ongoing LTC chart
https://www.dropbox.com/s/ng3h4dx2n6vxm8z/Screenshot%202019-05-14%2021.47.43.png?dl=0
ChartChamp LStr_12.5.19
Impulse leg up > Fib tool from bottom to top > targeting F618, F786 he shows it as a zone >> high target zone
from C we extend to F1.618 F1.272 > perfect top for D >> not longing here like him, but D is a Short entry point if the chart reaches here
target: F382 from bottom A to top D > 1st target hit perfectly here
https://www.dropbox.com/s/ng3h4dx2n6vxm8z/Screenshot%202019-05-14%2021.47.43.png?dl=0
https://www.dropbox.com/s/91s1elkegf6opby/Screenshot%202019-05-14%2021.52.06.png?dl=0
https://www.dropbox.com/s/htaq4djqjdaz2rh/LTC%20ABCD%20Bitfinex.png?dl=0
What pattern is it?
https://www.dropbox.com/s/9yqs1zsng8n5gmo/Screenshot%202019-05-15%2021.36.17.png?dl=0
ChartChamp LStr_12.5.19
Pump and run pattern
downtrendline > descending triangle breaks to the downside
phase in stage (triangle) > downturn > Adam&Eve (almost double bottom, but a bit off) and ascending triangle > breaks to the upside
descending to downside, ascending to the upside
you go Long when it breaks the downwards Res line (he was in short at that time (apr 02) > switch to long uphill run phase
long target: the start of the top of the bump and dump start phase in fade (top of the triangle) >> $7800 here
he took a short on the top (red wick down) > moving down stop loss > if continuation great, if continue up > stop out
https://www.dropbox.com/s/5n1z3h11d6j4bbv/Screenshot%202019-05-15%2021.43.35.png?dl=0
https://www.dropbox.com/s/xa56gcpbh91g5cp/Screenshot%202019-05-15%2021.37.10.png?dl=0
https://www.dropbox.com/s/gntcc565q6ca4we/Screenshot%202019-05-15%2021.40.28.png?dl=0
How to handle the current chart?
https://youtu.be/uRQfSTSJeIg?t=3428
ChartChamp LStr_12.5.19
https://www.dropbox.com/s/n83nv5lwv9mxqrq/Screenshot%202019-05-15%2022.01.44.png?dl=0
Strong uptrend > pullback to F382 F618 >> long position, these are probable bounce back points (bullish retracement) >> coincides with a HOR SUP/RES
does not mean that it will go even higher than prev H, but probablybouncs
F618 pullback > take postion always
carefull after the bounce: if breaks F618 upwards good chance to continuation, otherwise get out
https://www.dropbox.com/s/azp4q7iywyaispw/Screenshot%202019-05-15%2021.53.18.png?dl=0
https://www.dropbox.com/s/wxbejmn984m6igh/Screenshot%202019-05-15%2021.56.28.png?dl=0
https://www.dropbox.com/s/rqcd1847sum15ww/Screenshot%202019-05-15%2021.57.04.png?dl=0
What to pay attention on this chart?
ChartChamp LStr_12.5.19
Impulsive wave up to the top from the bottom > retracement to F618 (red line down) coinciding with former RES on the left > healthy bounce back >> Long for a bounce
not necessarily new high though >> if bounces watch F786 F618 on the way back up >> if it stops there > can come down deep (like and ABCD)
look on the ZRX chart
https://www.dropbox.com/s/tihjeivmyltokep/Screenshot%202019-05-15%2022.08.32.png?dl=0
https://www.dropbox.com/s/8098sa7hq66dnsu/Screenshot%202019-05-15%2022.12.42.png?dl=0
https://www.dropbox.com/s/c4qz3ttd3qdjwen/Screenshot%202019-05-15%2022.18.53.png?dl=0
How to handle the toping like situation?
ChartChamp LStr_12.5.19
If we go down >> F382 might be a possible bounce
if go deeper > F618 (HOR SUP zone can be) > another potential bounce
if more down > goes back to the consolidation zone (from where we started to draw FIB (1) point
draw another FIB from swing low to swing high >consolidation zone is on F618
this move down can be W4
https://www.dropbox.com/s/o1k030is48p8rk4/Screenshot%202019-05-15%2022.21.16.png?dl=0
https://www.dropbox.com/s/04bz74e9c99ptly/Screenshot%202019-05-15%2022.22.17.png?dl=0
https://www.dropbox.com/s/2j644vhcleu2all/Screenshot%202019-05-15%2022.27.21.png?dl=0
What is the next target if we break higher ?
ChartChamp LStr_12.5.19
Top of the wave left $8.5k
parabolic move up not sustainable, but we need to look preparef or bullish scenarios as well
untill we break the higher low pattern > bullish trend (we want to hold this structure for bull trend)
he is long (on BTC on spots and ALTs, but holding short position too to hedge the longs in case sg happens)
https://www.dropbox.com/s/ueoei6zmz1kr3o0/Screenshot%202019-05-15%2022.28.26.png?dl=0
How is BTC moves taken into consideration when trading the ALT trades ?
ChartChamp LStr_12.5.19
Not taken into consideration > would inhibit the trades
What did Bitmex do at this point on the chart?
https://www.dropbox.com/s/44q6lizvc0rjv6p/Screenshot%202019-05-15%2023.57.11.png?dl=0
ChartChamp LStr_12.5.19
So far Longs were paid to be in long postion
Just flipped > SHorts are paid to in position now..
Daniel in short
see by following the blue link
300pounds/8hrs
https://www.dropbox.com/s/l2tuu7o5wrlz570/Screenshot%202019-05-15%2023.53.42.png?dl=0
https://www.dropbox.com/s/8s70fqwzeupycnr/Screenshot%202019-05-15%2023.55.48.png?dl=0
https://www.dropbox.com/s/fl2au8vipjm16e3/Screenshot%202019-05-15%2023.56.28.png?dl=0
W1 target
ChartChamp cheat sheets
Previous Sup > turns into a Res
Accumulation > distribution (W1) nem bizti
W2 level
ChartChamp cheat sheets
Typical retrace levels: F0.681, F0.382
W3 target
ChartChamp cheat sheets
1.618 ext W1
acceptable to take profits at 1-1 ext
if W2 small simple correction (F382 abc) >> W4 a big F618 retracement or
W4 complex sideways correction (like WXYXZ)
W4 characteristics
ChartChamp cheat sheets
Alternation guideline: typically the opposite of W2
W5 target
ChartChamp cheat sheets
2F ext of W1 or 2.618F ext of W1
acceptable to take profits at the double top of W3 high
EW subwave Sup Res in relation to each other
https://www.dropbox.com/s/hvs61w1ugiusjl8/Picture1.png?dl=0
ChartChamp cheat sheets
The 5-3-5-3-5 subways of an impulse normally find SUP/RES from prior subwave HOR levels
eg: old subW3 high in W1 > RES for B of W2 and for subW1 of W3
subW3 of W3 > SUP for A of subW4 and for subW2 of W5