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Wolfepattern

Crude Oil "Triangle Pattern" Target 7100 and "Wolf Wave Target"A "Triangle Pattern" has formed in Crude Oil and Downtrend has "Breakout". So market is Bullish Trend. And the Target is Triangle's Top Trendline at INR 7100. Additionally, Expect a Breakout of the Triangle Pattern. Don't miss the "Wolf Wave Target" Opportunity. If Breakout the Triangle Pattern, then the Next 2nd Target is Wolf Wave. Refer to the below image for Wolf Wave Target Achieved in Ethereum. Guess 3rd Target ??? I want to help people Make Profit all over the "World". Additionally, I am Eager to Receive Money form Worldwide because of my Potential. Thank you
MCX:CRUDEOIL1!Long
by SasikumarMani
Bullish Wolfe pattern APE is cooking 🔥All 3 targets are important to watch when the price hits them. The first three targets are significant, and when the price breaks through them, next target will be Wolfe Waves pattern target. Each time the price reaches and breaks out of a target, it signifies increased buying power. No stop-loss is necessary, as you can observe MACD divergences, even on small timeframes. This implies an impending bullish trend, although any movement before that point is possible. For 6 MACD timeframes in one chart see below
Long
by TurkiTrade
5
Technical Analysis for a Bearish Alternative to SPY/SPXThere is a very strong bullish and bearish case for SPY/SPX. This is only an examination of a bearish alternative. I will be looking at these three elements Anchored VWAP (aVWAP) Supply/Demand indicator, a custom indicator which keys off motive waves and volume. This is a personal indicator only (please don't request). Wolfe Wave chart pattern Let's start with the aVWAP, the buy side and the sell side. The sell side is anchored on the SPX weekly highest high and we see that the price has reached the weekly sell side aVWAP, implying sell side volume that would need to be over come by buyers to break out. The buy side is anchored in two places, the last significant low on March 23, 2020, and the last swing low on Oct 10th, 2022. These aVWAPs imply strong buy side volume, and we can see they are converging. We can see how the sell side aVWAP is lined up with the Supply side indicator into a sell zone, similarly the buy side aVWaPs line up with the Demand side indicator into a buy zone. So far - we have strong buy and sell zones. Next we will look at chart pattern and see if there is any pattern that would align with supply and demand zones, and there is one which I appreciate, the Wolfe Wave. I am certain there are others, line Elliott Wave counts, but I will focus on the Wolfe Wave for this analysis. A notable point of mention is the retrace fib from bottom to top, the 618 fib retrace is around 4306, which is another level to consider for the 5th Wolfe wave, some might also suggest the current active SPX futures contract has reached this price level. Analyzing the Wolfe Wave: The End Point for a Wolfe Wave occurs when the upward diagonal/wedge converges, in this chart it is in the October,2023 time frame. The End Price is where the current price to End Point time converge with the diagonal connecting wave 1 and wave 4 of the Wolfe Wave. This implies a price level that is around 3400,and a look at the left side of the chart aligns it to the structure of the March/2020 top of the V shape. This also roughly aligns with the 618 fib extension of the two trends, the move from the SPX high to the Oct/2022 bottom and the trend up to the current 4300 price zone. I am only showing the fib extension from the last down trend, and the fib alignments are approximately the same, with TP1 at 618 and TP2 at 1.0 extensions. Trading the Wolfe Wave: Short Entry The traditional entry point for a bearish Wolfe Wave is when the price re-enters the ending diagonal (the upward wedge) drawn on that chart. That price is approximately 4220 on the chart. Target Prices TP1: the first potential target price is the buy zone around 3900, possibly in the July 2023 time frame. TP2: Reposition for another entry that extends deeper if the price goes below 3850 with a TP of 3400. Once again, it is worth repeating that this is only a bearish technical analysis. Bullish break out patterns also exist where the price will not re-enter the upward wedge and will continue toward new local highs.
OANDA:SPX500USDShort
by JohnBaron
5
ZPC with (big Wolfe Wave) Hi everyone :) We can see clearly how this pattern is ready to fly because it complete correction for big waves many things tell you it will be bullish you can see 1-2 & 3-4 waves is the same thing this fit with Wolfe-wave rules also 2-3 & 4-5 waves you will see the same move too We have many targets chose what you want or stay to be rich 🤪 Plaeeeeese be careful for this high risk coin this is just analyze not promise :) You can see below our last wolfe wave for the same coin $zpc and how we take 100% :)
Long
by TurkiTrade
XAUUSD DAILY STRUCTURE EXPLAINED XAUUSD on its Daily chart is forming a Cup and Handle pattern. The price is currently in the handle fase and trading a bearish wolfe wave with Estimate price of arrival at approximately 1443.647 at the low of the handle 382% retracement from Cup low. The price has given short signals on Tuesday 13 december due to a Berish AB=CD formation in H4 and is currently retracing to the 382% forming a bearish ABC in H4 chart. Short trades opportunities to 1443.647 may be available from the Week 19th DEc. Once 1743.64 is accomplished, long trades opportunities may be in place to target 1808.194 and looking for the breakout at this point to target further TP1 1879.013 100% AD 272% C&H TP2 1950.965 1272% AD 618% C&H TP3 2041.992 1618% AD 100% SYMMETRY DEPTH C&H With all that said Merry Christmas peace, love and trade safe. Le the money be with you lol TRADE CHARTS PATTERNS LIKE THE PROS 5 GOLDEN RULES 1: The Trade Setup The setup is the basic conditions that need to be present in order to even consider a trade. For example, if you're a charts patterns trader, then a pattern needs to be present. Your trading plan should define what a tradable chart pattern is (for your strategy). This will help you avoid trading when a chart pattern isn't there. Think of the "setup" as your reason for trading. 2: The Trade Trigger If your reason for trading is present, you still need a precise event that tells you now is the time to trade There are various methos using a trigger. A Price accion B Moving averages C Fibonacci 3: The Stop Loss Having the right conditions for entry and knowing your trade trigger isn't enough to produce a good trade. The risk on that trade must also be managed with a stop-loss order. There are multiple ways to place a stop loss. For long trades, a stop loss is often placed just slightly below a recent swing low and for a short trade just slightly above a recent swing high. Step 4: The Price Target You now know that conditions are favourable for a trade, as well as where the entry point and stop loss will go. Next, consider the profit potential. A profit target is based on something measurable and not just randomly chosen. Chart patterns, for example, provide targets based on the size of the pattern. Trend channels show where the price has had a tendency to reverse; if buying near the bottom of the channel, set a price target near the top of the channel. 5: The Reward-to-Risk Strive to take trades only where the profit potential is greater than 1.5 times the risk. For example, losing $100 if the price reaches your stop loss means you should be making $150 or more if the target price is reached. Other Considerations The five-step test acts as a filter so that you're only taking trades that align with your strategy, ensuring that these trades provide good profit potential relative to the risk. Add in other steps to suit your trading style. For example, day traders may wish to avoid taking positions right before major economic numbers or a company's earnings are released. In this case, to take a trade, check the economic calendar and make sure no such events are scheduled for while you're likely to be in the trade. The Bottom Line Make sure conditions are suitable for trading a particular strategy. Set a trigger that tells you now is the time to act. Set a stop loss and target, and then determine if the reward outweighs the risk. If it does, take the trade; if it doesn't, look for a better opportunity. Consider other factors that may affect your trading, and implement additional steps if require. This may seem like a tedious process, yet once you know your strategy and get used to the steps, it should take only a few seconds to run through the entire list. TRADE CHARTS PATTERNS LIKE THE PROS TRADING PLAN Setup + trigger = trade NO trigger – no trade 1 st Identify the pattern H1-H4 M30 ABC-AB=CD-GARTLEY-121 PATTERN’s 2 ND Fibonacci clusters zones (3 or more Fibonacci price relationships within a formation) If price tests and RESPECTS the setup zone, 3 RD Price action reversals patterns M30/M15/M5 OR LOWER TIME FRAME PRICE ACTION REVERSAL PATTERNS TRAP OR/AND HEAD AND SHOULDERS ETC 4RD Trade Entry: for A TRIGGER GO TO M5 TIME FRAME CHART Buy trigger 8 ema crosses above the 34 ema AND a prior swing high is taken out Sell Trigger 8 ema crosses below the 34 ema AND a prior swing low is taken out 5 th stops for BUY setup: Place a stop just below the low end of the price ACTION cluster setup for SELL setup: Place a stop above the high of the price action cluster setup 6 th TARGETS Option 1 take profit at the 61.8% 78.6% Option 2 Exit partials 61.8% 78.6% AND PROFIT 1.272, 1.618 and 2.618 IF THE TREND IS STRONG
OANDA:XAUUSD
by TradeChartPatternsLikeThePros
1
Bitcoin on H12 - when is it going up?If you look at the H12 chart, then you will see that a channel of blue lines is emerging. The price movement may well follow the pattern of Wolfe waves. Thus, the fourth wave will start somewhere at the level of 20,000 - 20,400 USD. (POC for horizontal volumes is around 20,300 USD). Also, the Stoch RSI is currently supporting the price decline. Take into consideration the fact that point X on the red line (local minimum) occured as a result of a sharp fall from the local maximum of 32,400 USD. The angle of point X relative to the 32.400 USD point is too narrow. This factor offers supports to the formation of point 6 according to Wolfe waves. In general, Bitcoin is at an accumulation stage, where the flat may last another 2-3 weeks. Therefore, the price rise to 28,000-30,000 USD may well not take place until point 6 is formed. However, it is worth tracking the price movement on 4H, 8H, 1D. Afterall, this is a market! Everything is possible!
INDEX:BTCUSD
by WallStreetFox
4