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Articles - Wolfe Waves Pattern


Wolfe waves - A better understanding of Bill Wolfe's method

|  3270 views  |  Category: Wolfe Waves Pattern  |

The Wolfe waves pattern is named after a trading guru called Bill Wolfe. He identified that when price action remains within a price channel and makes a false breakout on the fifth wave, it usually starts a reversal of the prevailing trend in the opposite direction.

He clarified that Wolfe waves can help traders find a terrific entry point in the market at the beginning of a potential reversal with a great risk-to-reward ratio. Moreover, it can also pinpoint a potential exit point or offer traders a price target based on the symmetric configuration of the price pattern.

 

 

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Wolfe waves - A better understanding of Bill Wolfe's method

|  3270 views  |  Category: Wolfe Waves Pattern  |

The Wolfe waves pattern is named after a trading guru called Bill Wolfe. He identified that when price action remains within a price channel and makes [...]




Harmonic Patterns - predict potential future movements

|  3064 views  |  Category: Harmonic Patterns  |

Harmonic patterns are chart patterns that can help traders to spot trends by predicting future market movements. they create geometric price patterns by using Fibonacci numbers to identify [...]




What is Support & Resistance?

|  3046 views  |  Category: Support and Resistance  |

Support and resistance are one of the most widely used concepts in trading.

The support and resistance are specific price points on a chart expected to attract the [...]




Trend Lines

|  3026 views  |  Category: Support and Resistance  |

Trend lines are probably the most common form of technical analysis in forex trading, and If drawn correctly, they can be as accurate as any other method.

Unfortunately, most forex traders [...]




1-2-3 Pattern - Waves trading strategy

|  2734 views  |  Category: Trand Trading - 1-2-3 Pattern  |

1-2-3 pattern is a time-tested tool that is successfully used by traders worldwide. it is one of the major Price Action patterns that helps determine a [...]






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