USOIL WOLF WAVE According to Wolf Wave, Target is the 1-4 extension The Time is is the when 2-4 Extension hit 1-3-5 EXtension Yesterday Already Entered Long position at 45.20-45.40 area SO now my target is 48.33 Let's examine the wolf wave theory.
評論
Rayge
⋅
sl?
tntsunrise
⋅
stopped at 44.80. Re-entered at 44.30 for AB=CD completion
andberg
⋅
thank you making me discover Wolf Wave, though I`m not an expert, but after looking some wolf wave patterns on the web, I`m challanging your point 1, should it be at a previous low to be valid? Your point 1 is in a up trending way from 20151002 13:00 (low 43.96) to high point 2. Seems to me that you found point 1 from drawing a line from point 5 to point 3 to find point 1, thank you
tntsunrise
⋅
Hi, Thanks for your comment. i think this point 1 is fine. because we can see cearly 1-3 ext pass through 5, therefore the so call "trend line " is a good place to long. and that's why we can see a rally at point 5
IvanLabrie
⋅
Placed a pending buy stop above the high: Agreed, and that's a pretty safe target.
tntsunrise
⋅
eh..your buy stop at where?
IvanLabrie
⋅
Above a the previous daily high.
Target is variable, mostly trailing it.
pharoh
⋅
looks like his buy stop is set at 45.89 or above, today's high, so that the up trend is confirmed, I'm assuming?
IvanLabrie
⋅
Yes, a bit more safe...as in playing it safe at least. It looks good overall.