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Wolfe Wave

$KODK Bear TrappedLooking to fill the 7-6 gap up shorts are vulnerable to a gamma squeeze… A gamma squeeze occurs when market makers are hit with a imbalance of puts v calls and then very quickly call orders come in causing market makers to cover Delta in short order..: the momentum begins and inertia follows… this is one that people have come back to y/y… look for this to happen when the market finds support around 4250+ then quickly load up on calls..: these are tough to pull off so I would look to coordinate @ 10:45
NYSE:KODK
by cmeverypiececountsaba
XBTUSD The Theory of the Wolfe Wave : The theory of my Wave structure is based on a law of physics that for every action there is an equal and opposite reaction. This action/reaction often shows a definite rhythm with extremely valuable projecting capabilities to the trained eye. Many times however, little waves mix with larger waves and the waters become muddied. Sometimes everything is in synch and you will get a rogue wave effect similar to what occurs in the oceans of the world. These can be extremely profitable in the futures and stock market. On the following two pages, you will find the rules and the theoretical, bullish and bearish Wolfe Wave structures. Rules for Bullish Wolfe Wave Structure : Please not the odd sequence in counting, as you will see, it is necessary for the inductive analysis. By starting with a top we are assured of beginning our count on a new wave. The 2 point is a top. The 3 point is the bottom of the first decline. The 1 point is the bottom prior to point 2 (top), that 3 has surpassed. The 4 point is the top of the rally after point 3. The 5 point is the bottom after point 4 and is likely to exceed the extended trend line of 1 to 3. This is the entry point for a ride to the EPA line (1 to 4). Estimated Price at Arrival (EPA) is trend line of 1 to 4 at apex of extended trend line of 1 to 3 and extended trend line of 2 to 4. Estimated Time of Arrival (ETA) is apex of extended trend line of 1 to 3 and 2 to 4. Trend line of 1 to 3 and trend line of 2 to 4 must converge.
BITMEX:BTCUSD.PEducation
by Satoshi_Magnet
2
Banknifty trading ideasNow, strong support at 35400 if breaks no reason to long it is bullish one need to buy only above 35800 yes you-all know that's a strong hurdle so don't take any risk below it buy above 36200 max trgt exit there then it will fall. This is the very first time I've posted for Wolfe waves analysis ya I see there's a pattern forming Wolfe waves so when fall comes 1st target downside 34800 then projected for 32400 let's see what's gonna happen I promised I kept posted big analysis. Yesterday, I aggressively tagged it long I was absolutely right taken the benefit of long trade and talking about tomorrow expiry would be volatile but still above 35800 there's is a upside trgt of 36200. Global market was down still I tagged it long now u can understand my intensity.
NSE:BANKNIFTY
by Arindampaul7
6
Top 10 Patterns (Wolfe Wave) #7Wolfe Waves:Example of a bullish Wolfe wave on 15 mn GbpChf chart. Can be both bearish or bullish and on any time frames. The key to recognizing the setup is symmetry. Ideally, waves 1-3-5 are established with very regular timing intervals between moves. The other key ingredient is that the wave 4 should revisit the price range established by waves 1-2 for the best results. Another way to describe the pattern is that it comes as a rising wedge / channel in an uptrend, or falling wedge / channel in a downtrend. Wave 5 is often a false breakout move beyond the bounds of the pattern. Unlike either bull or bear flags, the movement is in the same direction as the overall trend, with the overlapping waves giving signals that an impending reversal is taking shape. This pattern has different names, depending on the source - Larry Pesavento describes the pattern as "3 pushes to a top/bottom" and uses Fibonacci relationships to confirm the setup (waves 3 and 5 are 127% or 162% extensions of the previous pullback.) Jeff Cooper uses "Cooper 1-2-3 swing" nomenclature, and Linda Raschke likes to call this setup "3 indians". The unique quality about Wolfe waves, however, is the objective target projection from waves 1 -> 4. Despite the great explanation and examples provided on Bill Wolfe's site, I continue to get questions about how much I trust this setup. Very much so.
Education
by Anbat