I have to say Retired that your hypothesis intrigues me. I'm curious as to how you establish a repeating pattern however. Is it the distances between the 'a' and 'b' points or is it the number of bars between the 'a' and 'b' or is it just that it looks similar or is it something else I'm missing?
Erich
http://www.tradershelpingtraders.net
http://www.supportandresistance.com