The "Measurement Path" consists of three stages:
Trend: starts from the extreme point of the previous trend and lasts from several weeks to several months. A clear price corridor is formed.
Correctional Trend: the shortest stage, usually lasting half the time of the first stage. The price corrects by 30–70%. Reversal patterns may appear before the correction.
Trend: equal in duration and dynamics to the first stage. At this stage, target indicators are calculated based on the percentage ratio of the first drop before the correction.