Attached chart is the closest example that I could find quickly.
Rules for buy setup:
1. #2 Wave is a Top.
2. #3 Wave is the bottom of a first decline.
3. #1 Wave is the bottom prior to #2 wave top. Point 3 must be lower than point 1.
4. Draw trend line from point 1 to point 3. The extension of this line anticipates a reversal point #5. This marks the point of entry for a ride to the Estimated Price at Arrival (EPA).
5. The EPA is the trend line drawn from points 1 to 4. This is the price objective. Place an initial stop just beneath point 5.
Wolfe, Wolfe.
Just saved you thousands of dollars.
Charles