• Información general
  • Comentarios (2)
  • Discusión
  • Novedades

Wolfe Wave

This particular methodology.

Please note the odd sequence in counting, as you will see, it is necessary for the inductive analysis. By starting with a top we are assured of beginning our count on a new wave. (The reverse would apply for a bearish wave.)

  • The 2 point is a top.
  • The 3 point is the bottom of the first decline.
  • The 1 point is the bottom prior to point 2 (top), that 3 has surpassed.
  • The 4 point is the top of the rally after point 3.
  • The 5 point is the bottom after point 4 and is likely to exceed the extended trend line of 1 to 3. This is the entry point for a ride to the EPA line (1 to 4).
  • Estimated Price at Arrival (EPA) is trend line of 1 to 4 at apex of extended trend line of 1 to 3 and extended trend line of 2 to 4.
  • Estimated Time of Arrival (ETA) is apex of extended trend line of 1 to 3 and 2 to 4.
pandiras 2019.01.13 14:53 

No clue what kind of waves this indicator is showing. But definitely not Wolfe Waves.

sunnychow 2019.01.09 16:53 

Thanks for share

Versión 3.0 2018.12.31