NXT2017

3 kinds of Wolfe Wave Pattern adapt in Elliott Wave [Education]

Educacional
NYSE:DIS   Walt Disney Company (The)
HI BIG PLAYERS,

in this chart I show my research to Wolfe Wave pattern and how it match to Elliott Waves.

My research has shown that there are basically 3 types of Wolfe Waves:

1. on the beginning of EW Leading Diagonal
2. on the wedge (most on correction waves)
3. on the end of EW Ending Diagonal

In any testing: trading in Ending Diagonal is really high-risk because you trade against the trend!

The easiest Wolfe Waves I done with Wedge Pattern. This have 2 advantages:

- you trade direction is into the trend
- correction waves are easier to identify in the Price Action

I hope this education helps somebody.

If you like this, you are invited to follow me.

Kind regards

NXT2017



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