Wolfe Waves

a1b1trader

Well-Known Member
How about this (yellow one) better symmetry? I hope u do not mind for using your charts!
My friend
We do not require such symmetry in WWs.
Will reply more in the evening.
1. We do not require symmetry in WWs.
2. The two lines 1-3-5 and 2-4 should not be diverging or parallel and must converge at some point. In this image the two lines are diverging.
3. You can not take point 1 anywhere in a wave. It should be either top or the bottom of the trend.
 

Raghuveer

Well-Known Member

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