Day Trading Bullish Wolfe Wave ExampleUsing Wolfe Waves can be done, on any time frames and type of trading.
Wolfe Wave
Canarabank - Wolfewave with AB=CDCanarabank has berish wolfewave with AB=CD , currently at reversal. Target on chart...
How To Use Bearish Wolfe Wave SetupThe key to recognizing the Wolfe Wave setups 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
0.8000 is crucial if the level 0.8000 will not hold ,price will go down
a newly wolfe wave pattern formed indicating downward move
tk and ks of ichimikou crossed strongly in 2h and 1h time frame below kumo indicating that coin is ready to go down
NIfty - Bearish Shark,Deep Crab and WolfewaveShark , deepcrab and wolfewave all has almost same PRZ... Lets see how it react at PRZ... Target on chart...
$BABAWolfe and Elliott waves
198-192 long entry.
First TP - 323.5 by Wolfe wave till December 2021
Second TP - 471.5 by Elliott wave
SL 189
USDJPY has a nice entry hello fellow traders,
USDJPY is looking bearish for next week. please do let me know your views on this pair
Kotakbank - Gartley with wolfewaveKotakbank has Gartley with wolfewave . PRZ and Targets on chart...
UDDCHF, 4hr tf, reversal pattern to the upside
Price making a ending diagonal / falling wedge / wolfe wave pattern.
Overall all patterns are reversal pattern to the upside so we might see USDCHF continue north.
Buy USDCHF 0.8980
Stop loss 0.8930
Take profit 0.9100 (2.4R)
Use only 1-2% risk
Good luck
Tesla will fall to 466 then will rise to 840according to wolfe wave pattern made on the Tesla chart we predict this stock will fall to 466
and on completion of pattern it will rise to 840
