Category: Forex


The Wolfe Waves: Description And Trading Strategy

This structure of price movement is, in fact, a Wedge pattern. According to the author of the method, a trader should have their unique features and use rare trading instruments in order to be different from the rest of the market players. The Wolfe Waves pattern is able to provide a beginner trader with the keys to a new understanding of market behavior. However, as with any other trading strategy or technical instrument, no matter how successful its trading history may be, much depends on the hands the instrument gets in.