in this case study I present a bearish Wolfe Wave on USDJPY 4-hour Chart.
The risk-reward-ratio are 1:15. This mean for every 1 USD you can win 15 USD. In addition, the rebounce was a few minutes ago exactly on the 1.272 (a typical rebounce fibonacci line by a Wolfe Wave pattern).
Furthermore, I am testing with the new Pinescript Version 4 the auto line functions to predict upcoming Wolfe Wave pattern. Its only a test and isn't published till yet.
For more informations you're invited to follow me.
King regards
NXT2017
액티브 트레이드
The impulse has began for beweist das trend.
코멘트
The impulse has began for bearish trend.
액티브 트레이드
Now you can close a part of your trade. It isn't a Wolfe Wave pattern... it's the 3th wave of a big wave from Elliott Waves.