Wolfe Wave

Wolfe waves are broadly seen as an extension of Elliott waves. They form patterns consisting of 5 waves where the first 4 define a wedge and the last extends beyond this wedge. This last wave is usually traded. Using the Wolfe wave principles, we can calculate its length by drawing a line between point 1 and point 4 on the wedge and extending this in the direction of the breakout of wave 5. It functions as the profit target line.

The wave preceding the fifth, could exceed the extended trendline from 1 to 3, before making a large move in the opposite direction. This is the ideal entry point for a trade towards the profit target line. There are concrete rules that define a Wolfe wave pattern which is known to be highly accurate. There is even a rule for when price reaches its target. As with any trading method, several variations exist. Trades based on this system usually have tight stops compared to the profit target, making for good reward / risk ratios.
giuseppesoio giuseppesoio BTCUSD, D, Short ,
BTCUSD: Wolfe Wave Target: 780s
556 2 12
BTCUSD, D Short
Wolfe Wave Target: 780s

Btc has rallied to point 5'' of WW geo. Failing at point 5''. WW suggests New target: level of point 3.

Oops_I_Charted Oops_I_Charted PRO BTCUSD, 240,
BTCUSD: Bitcoin BTCUSD - Crazy Idea (that's a little bit plausible)
1152 7 22
BTCUSD, 240
Bitcoin BTCUSD - Crazy Idea (that's a little bit plausible)

I don't expect anyone to actually trade based on this, but so many things lined up I thought I'd share. Developed this idea when I went back & revisited my Bullish Wolfe Wave idea and set it to log scale & it matched really well with my Cup & Handle idea, AND seemed to match really well with fibonacci scales I was drawing. I'm not saying I think this is how ...

GWaves GWaves PRO BTCUSD, D, Short ,
BTCUSD: Can a Wolfe Wave Topple The Almighty Bitcoin? Of Course It Can.
1223 16 17
BTCUSD, D Short
Can a Wolfe Wave Topple The Almighty Bitcoin? Of Course It Can.

Hello Traders, If you followed my previous Bitcoin Chart you saw the two high probability targets get hit. https://www.tradingview.com/chart/BTCUSD/tz7051A1-BTCUSD-Targets-Defined-All-Time-Highs-In-Sight/ Just as the model is able to provide price targets, it is also able to tell us where it will go after the bull run is over. The main indicator of a move ...

spacetrader spacetrader PRO BTCUSD, W, Long ,
BTCUSD: What BTC bubble would look like now based on historic scaling
3123 13 81
BTCUSD, W Long
What BTC bubble would look like now based on historic scaling

I do not think we're in a bubble yet. Above >2000usd, be careful, This might take a while to resolve but few reasons to dip lower than lots of existing price history below $1300. Bear wolf wave target ~700 usd, largest bullish bubble target ~ 40k usd. In log scale % scale should be ~same between the channel lines, difficult to be bearish at this point. The pattern ...

Oops_I_Charted Oops_I_Charted PRO LTCBTC, 15, Long ,
LTCBTC: Litecoin LTCBTC - Bullish Wolfe Wave / Inverse Head & Shoulders
1050 5 12
LTCBTC, 15 Long
Litecoin LTCBTC - Bullish Wolfe Wave / Inverse Head & Shoulders

Yeah Litecoin! Finally we're getting somwhere. We've got an obvious Inverse Head & Shoulders going on, and a Bullish Wolfe Wave. It's already broken above the neckline, but maybe wait to see obvious volume - I'm in already but I'm not always the most conservative trader :)

giuseppesoio giuseppesoio LTCUSD, D, Short ,
LTCUSD: WW geo - LTC update
720 2 9
LTCUSD, D Short
WW geo - LTC update

Possible scenario after LTC has rallied to point 5' of WW as 22 JAN 2016 forecast

giuseppesoio giuseppesoio BTCUSD, D, Short ,
BTCUSD: BTC - Wolfe Wave geo
1011 7 12
BTCUSD, D Short
BTC - Wolfe Wave geo

Btc possible scenario after reaching point 5' of WW.

FOREXWAVE FOREXWAVE EURGBP, 60, Short ,
EURGBP: EURGBP!!
82 0 4
EURGBP, 60 Short
EURGBP!!

HI GUYS! I SEE A GOOD SETUP FOR SHORT THE REASON IS WOLF WAVE THE TP AND SL U HAVE IN CHART TRADE WITH CARE! USE RISK MANAGMENT!

Oops_I_Charted Oops_I_Charted PRO XRPBTC, 15, Long ,
XRPBTC: Ripple XRPBTC - Bullish Wolfe Wave (quick trade)
536 2 9
XRPBTC, 15 Long
Ripple XRPBTC - Bullish Wolfe Wave (quick trade)

Not betting big on this but it looks plausible. Small long open, watching to see if it hits the target line

johnmad johnmad PRO DXY, D, Long ,
DXY: DXY Daily , Wolfe Wave and Rouge Wave defined
61 2 6
DXY, D Long
DXY Daily , Wolfe Wave and Rouge Wave defined

Here we have 2 Wolfe Waves , the Larger in White and the Rouge Wave in Green . To many Harmonics and Waves to mention . I have highlighted my Points of Interest and possibility's . Trade your own Plan and your own Rules Trade what you see

GWaves GWaves PRO EURCAD, 240, Long ,
EURCAD: $EURCAD | BULLISH WOLFE WAVE | EPA & ETA Defined
190 6 18
EURCAD, 240 Long
$EURCAD | BULLISH WOLFE WAVE | EPA & ETA Defined

Hello Traders, Great buying opportunity in EURCAD. Expected ETA is 4-19 to 4-25. Best, Chartistry

Tony_Dong Tony_Dong EURUSD, D,
EURUSD: Simple Way to Make Big Money
63 0 2
EURUSD, D
Simple Way to Make Big Money

If you can identify the double top and double bottom only on a Daily chart, it is enough for you to make big money. No need to draw too many trend lines here or there , No need to use other theories such as Elliott, Wolfe, Harmonic, etc. The more the ways you use, the more difficult to make a decision.

BBN91 BBN91 USDTRY, 240, Long ,
USDTRY: MY LAST USDTRY ANALYSIS (MIDDLE - LONG TERM )
190 0 5
USDTRY, 240 Long
MY LAST USDTRY ANALYSIS (MIDDLE - LONG TERM )

One of the most common mistakes is to evaluate the trend with today's prices. Trend lines should be extended on the same slope and prices should be monitored. The Turkish Central Bank succeeded in pulling down the giant Bullish Pennant's Pennant a little but the orange channel had to be broken down and the closures must be under the channel in order to escape ...

johnmad johnmad PRO AUDUSD, 240, Long ,
AUDUSD: AUDUSD 4 HR Wolfe Wave
130 6 9
AUDUSD, 240 Long
AUDUSD 4 HR Wolfe Wave

Here is a Wolfe Wave with a 5 Wave Elliott Wave ending at the Bottom Wick Candle . I have marked possible Correction points . Trade your own Plan and your own Rules Trade What you see

johnmad johnmad PRO USDJPY, D, Long ,
USDJPY: USDJPY Daily Wolfe Wave Defined
77 1 9
USDJPY, D Long
USDJPY Daily Wolfe Wave Defined

So many Harmonics, Elliott Wave Theory , Nodes , AB=CD and much more to Predict that there could possibly be a Correction here .

johnmad johnmad PRO USOIL, 240,
USOIL: USOIL 4 HR
90 0 7
USOIL, 240
USOIL 4 HR

If i may here is my 2 cents worth of thoughts, i think the Cypher will complete but then we have the IF THEN FACTOR, if we continue the trend then i am looking at Price complete the ab=cd BUT if we break below the Cypher then i am looking at Price to hit the Bottom Line 1-4 of the Wolfe Wave

4xForecaster 4xForecaster PRO GBPCAD, D, Long ,
GBPCAD: $GBP v $CAD Eyes Lofty 1.98420 Targets | #BOE #BOC #crude #oil
1546 5 37
GBPCAD, D Long
$GBP v $CAD Eyes Lofty 1.98420 Targets | #BOE #BOC #crude #oil

Friends, $GBPCAD has been kind to us in terms of letting the Predictive/Forecasting Model remain tethered to the actual price action - See the following frames illustrating the prior successful forecast: $GBPCAD-4Hour Chart: 6 months ...

iznogood iznogood USDCAD, D, Long ,
USDCAD: Simple Daily ABC setup
55 0 6
USDCAD, D Long
Simple Daily ABC setup

As you can see on my chart, 1.40 seems to be a bullish daily target. Long positions above 1.3600 SL according to your rules Target 1.4000. That's my resistance area that i'll consider to thing about shorting the pair. (Deep Crab, ABCD & wwPo5')

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