The purpose of this hindsight post is to introduce wolfe wave version 1.4. The latest version allows users to modify the wolfe wave length. In previous versions, the wolfe wave length was defined with length=13. In the new release, users can introduce user-defined length values. When displaying user-defined wolfe waves on charts, it is recommended to also select a color that corresponds to the specific length value. For instance, in TLRY there are three bullish wolfe waves identified in 3 different time-frames. Each color represents different length value which range from 9, 13, and 21. The green color wolfe wave corresponds to length =13. The blue color wolfe wave corresponds to length =21. The yellow color wolfe wave corresponds to length =9. It is highly recommended to combine the wolfe waves with ttm squeezes of uncommon time-frames, ie 78 min. The expected move for TLRY is achieved and therefore entry into TLRY should not be considered.
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Website: www.tosoption.com