Advanced Network Patterns: Wolfe Waves and also Gartleys
Number 1: Favorable Wolfe Wave Pattern; Figure 2: Bearish Wolfe Wave Pattern
Below are some vital factors to remember for recognizing Wolfe Waves:
The pattern can be located in:
Notice that the point at wave 5 revealed on the representations over is a move a little over or below the channel developed by waves 1-2 and 3-4.