Get started

Wolfepattern

Wolfe Waves Example!This is not a forecast or a signal! it's just an example of an occasion which a pattern like Wolfe Waves worked well ! This chart has almost followed the rules of Wolfe waves , unless the first point is not exactly on the right place! 1st point: Start of the wave 2nd: First top of the channel 3rd: First low of the channel 4th: Second high of the channel regarding thee pivots! the next 2 pivots are useless since they are not a place to be considered as a Wolfe waves' points! 5th point: as it should be broke to channel! Open Trade: OT is breaking back to channel! Stop Loss: SL is just below the 5th point in long option and reverse of it, in short trades! I personally distinguish the pattern so late! but the Wolfe waves is a great way to find very profitable trades which is not so trending in these days
Education
by AliSignals
HRTUSDT AnalysisThe price has managed to break the uptrend line! But it still does not have enough power. In the next day or two, everything will be clear. If the price rises, it can move up to the specified range, which is an excuse that has already been tested for this market. Although this number and level is not very strong But if the price bounces back and breaks the trend line again, an incomplete Wolfe pattern is formed that can go all the way to the end of the red arrow. If the price falls from the linear trend that connects points one and four, it can be a good place to buy.
by AliSignals