Hello Traders,
Here is a bearish Wolfe Wave forming. This is a smaller time frame Wolfe than the larger one I have linked below and also highlighted in grey. This could potentially cancel out the larger frame Wolfe. If the larger time frame Wolfe completes at Geo"s Off-Set rule we could have a Wolfe Wave completion at 5" for the smaller Wave. It will be...
Plan of trade
TF Day : Make the A-B-C
TF Week : End of 5th and make A-B-C or still in 4th wave and make corrective before Go down for 5th wave.
TF 4H and 1H: Lock profit if it end of each impulse.
1. If it is beginning of 5th-wave, it make 1-2 and now in the 2nd-wave and will go down to the Big-3rd Wave. or,
2. It will go up to meet the 158.536 160.344 before...
Watch the lines because it is important to know which line rejected it and which line saved it. The price of the asset merely bounces between lines. USDJPY might have a bounce, given that it was recently saved by that black line, but get ready to go short again as soon as it starts to break down at that black line.
Watch the lines because it is important to know which line rejected it and which line saved it. The price of the asset merely bounces between lines. USDJPY might have a bounce, given that it was recently saved by that black line, but get ready to go short again as soon as it starts to break down at that black line.
Watch the lines. Get ready to short as soon as it starts to break down. If it doesn't, wait for it bounce back up towards the black/light blue/green lines.
Hello Traders,
We have 3 Wolfe Wave's here that I want to take a look at.
1. The first Wolfe Wave on the left completed in late 2014 at the 1-4 target line.
2. While the first Wolfe Wave was carving its path to the 1-4 line. A second Wolfe Wave formed. Here we created a 5" structure with the Geo's Off-Set Rule #3 at point 3.
3. The final Wolfe Wave was...
Similar to CADJPY, CHFJPY also completed a Wolfe Wave at 5'. Now looking at the Geo Off-Set Rule at point 4 as a target.
For detailed analysis and teachings of the Geo Off-Set rule please visit: www.tradingview.com
CAD is at some major resistance currently and expecting the YEN to follow Gold soon. We just completed a bearish bat and a false break of the trendline. I am short at 85.4. Expecting to see a lot of weakness. The target is open.
Hello Traders,
CADJPY completed a Wolfe Wave at 5'(5 prime) and is now looking at the Geo Off-Set Rule at point 4.
An entry at this level will be of moderate risk.
