Measured Move

The Measured Move is also called the Swing Measurement.
Illustrates how the market has a propensity to retrace half of the move before resuming the ongoing trend.

Bullish Measured Move
Bullish continuation chart pattern
Pattern has 3 waves: AB - BC - CD
Forms at the end of a downtrend
Price makes an advance ideally forming a channel : AB wave
Corrective BC wave:  price retraces a third to a half of the prior advance
CD wave:  price resumes the uptrend duplicating the size and slope of the first AB wave
CD wave is parallel to AB wave
Volume should increase at the beginning of both AB and CD waves and decrease at the end of the retracement BC wave
Price entry:  break of the high of the AB wave

Bearish Measured Move
Bearish continuation chart pattern
Pattern has 3 waves: AB - BC - CD
Forms at the end of an uptrend
Price makes an decline ideally forming a channel : AB wave
Corrective BC wave:  price retraces a third to a half of the prior decline
CD wave:  price resumes the downtrend duplicating the size and slope of the first AB wave
CD wave is parallel to AB wave
Volume should increase at the beginning of both AB and CD waves and decrease at the end of the retracement BC wave
Price entry:  break of the low of the AB wave