MACD Head Shoulder Top
MACD Head Shoulder Bottom
Still do not see the wave of friends, may teach you a move not standard but more effective wave judgment method: the MACD Yellow 2 line wear (down) 0 axis of the paragraph of the trend of the default is 1 waves, even if the back of the 2345 waves have not come out , but may wish to look like this. The first gold fork on the 0 axis is the starting point of the third wave in the wave theory.
Details:
1.1th 3 5 Wave price will continue to innovate high, showing a band trend,
2. The most standard trend of the 2nd 4 wave is to pull back to the MACD 0 axis, such that the driving of the five-wave specification.
3. When the fifth wave comes out, the stock price continues to high, but the MACD pillar area (toward the red pillar down green pillar) will not be greater than the 3rd wave, MACD-Yellow 2 lines will not be higher than the 3rd wave (divergence)
Driving five waves irregular use extension
MACD head/Shoulder top/Bottom = drive five waves