Tron has just completed its second wave after a 93% retrace, and starting to form wave 3 in the 4h view. We are hoping to see a target at the top of resistance from the apex of the previous wave b at 945 sat, with a little wiggle room.
And typically, wave 1 and 3 tends to be a smooth upshot, so we don't want to see it start to tumble down or create sharp zig zags.
Wave 2 never retraces more than 100% of wave 1.
Wave 3 cannot be the shortest of the three impulse waves, namely waves 1, 3 and 5.
Wave 4 does not overlap with the price territory of wave 1, except in the rare case of a diagonal triangle formation.