BEARISH WOLFE WAVE RISKREWARD 1:15, WolfeWaveAutoScript Testing

By NXT2017
Updated
HI BIG PLAYERS,

in this case study I present a bearish Wolfe Wave on USDJPY 4-hour Chart.

The risk-reward-ratio are 1:15. This mean for every 1 USD you can win 15 USD.
In addition, the rebounce was a few minutes ago exactly on the 1.272 (a typical rebounce fibonacci line by a Wolfe Wave pattern).

Furthermore, I am testing with the new Pinescript Version 4 the auto line functions to predict upcoming Wolfe Wave pattern. Its only a test and isn't published till yet.

For more informations you're invited to follow me.

King regards

NXT2017
Trade active
The impulse has began for beweist das trend.
Comment
The impulse has began for bearish trend.
Trade active
Now you can close a part of your trade. It isn't a Wolfe Wave pattern... it's the 3th wave of a big wave from Elliott Waves.
autotrendlineBearish PatternsBearish Wolfe WaveChart PatternsshortpatternUSDJPYwolfepatternwolfe-waveWolfe Wavewolfewavesoup
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