I FOUND A NICE BEARISH WOLFE WAVE AGAIN.
IF YOU FOLLOW ME, YOU KNOW I LIKE WOLFE WAVES AND INTRODUCE LIKELY WOLFE WAVES.
IN THIS EXAMPLE I SUPPOSE YOU TO TRADE A NICE BEARISH WOLFE WAVE. YOU SHOULD ONLY TRADE, IF BAR SHOWS AN IMPULSE DOWN AND BREAK THE LINE BETWEEN 1,3 AND 5.
IN ADDITION, THE GREATER CHART BEHIND DAILY CHART SHOWS A BIG CORRECTION WAVE. THIS...
IF YOU FOLLOW ME YOU KNOW, I LIKE WOLFE WAVES!
IN THIS CASE I PRESENT THE NEXT OPPORTUNITY FOR A WOLFE WAVE IN EURJPY 15 MIN CHART.
THIS WOLFE WAVE IS BUILD NOT CLEAN, BUT THE CHANNEL ARE DEVELOPED AND THE PRICE IS ON THE BOTTOM - THAT IS WHY THIS WOLFE WAVE ARE POSSIBLE TO TRADE.
On the chart you see AUDUSD are building a bearish Wolfe Wave pattern.
This is already a correction wave und will goes down again.
For the confirmation of Wolfe Wave pattern, please wait till the RSI will show a divergence and then use the favorable moment for short position.
here you have a really good chance to trade a big Wolfe Wave.
This setup shows a long setup and give you a win ratio of 13:1.
The conditions for Wolfe Wave are all true!!!
If you like, follow me for more cool ideas.
looking on the Chart and the trendchannels. The top of the previos channel is broken and the market make at now a retest.
I believe for a upcoming trend by the way when NONFARM Payrolls will offer in 30 Min.
Have a nice trade.
the EURUSD develops a triangle-pattern with a abcde-wave-correction.
For every one who think about a ZigZag-wave: ZigZag-Waves starts always with a 5 wave-structure. In this case we found a 3 wave-structure. This is why a ZigZag is impossible.
Good News for every one: Cryptocurrencies are on the low momentum. This is a VERY GOOD CHANCE to invest your Money!
Just look to NXTcoin, the wave C built a parallel channel. This give us a good guideline to coint Elliott Waves. We can forecast 5 waves in wave C.
I have look also in the lower time to count all waves. Furthermore, I have looked...