Hello Traders,
Here we have 3 Wolfe Wave's(WW)
WW #1 - In the grey dotted line. This WW is near it's target at #1 Geo Off-Set Rule at point 4. The Geo Off-Set Rule here plays a role in the next 2 WW's.
WW #2 - In blue dashed lines. This WW is internal to both the first and third(in purple) WW's. The Geo Off-Set Rule in the first WW act's as a point of reversal for the internal WW which created a 5" (5 double prime) structure. 5" calls for a Geo Off-Set at point 3. Represented as #2 Geo Off-Set Rule. This second Geo plays a role in the third WW as well.
WW #3 - In purple solid line. This WW formed as price was making its way towards the #1 Geo Off-Set Rule of the first WW. The first Geo will act as point 3 of this third WW. When this target hits, ideally price will hit point 3 of the internal WW and give us point 4 of the third WW. The dashed purple line represents how I see this structure forming.
This is an observation of the Wolfe Wave and the Geo Off-Set Rule. I would be interested to see how the structure forms.
If you agree with this idea please like and follow for more interesting observations. :-}
-Chartistry
Here we have 3 Wolfe Wave's(WW)
WW #1 - In the grey dotted line. This WW is near it's target at #1 Geo Off-Set Rule at point 4. The Geo Off-Set Rule here plays a role in the next 2 WW's.
WW #2 - In blue dashed lines. This WW is internal to both the first and third(in purple) WW's. The Geo Off-Set Rule in the first WW act's as a point of reversal for the internal WW which created a 5" (5 double prime) structure. 5" calls for a Geo Off-Set at point 3. Represented as #2 Geo Off-Set Rule. This second Geo plays a role in the third WW as well.
WW #3 - In purple solid line. This WW formed as price was making its way towards the #1 Geo Off-Set Rule of the first WW. The first Geo will act as point 3 of this third WW. When this target hits, ideally price will hit point 3 of the internal WW and give us point 4 of the third WW. The dashed purple line represents how I see this structure forming.
This is an observation of the Wolfe Wave and the Geo Off-Set Rule. I would be interested to see how the structure forms.
If you agree with this idea please like and follow for more interesting observations. :-}
-Chartistry
Nota
Traders,Please keep in mind that the third Wolfe Wave in purple is speculative. The current points of 3 and 4 will likely change and until point 4 is created there will not be a clear third Wolfe Wave on this chart. Once we have point 4 I will post an updated version of this chart.
Stay tuned!
-Chartistry
Nota
For more lessons on the Geo5.21% Off-Set Rule please visit: tradingview.com/u/4xForecaster/Nota
For those of you following this thread, you have seen how I have been able to predict the formation of a WW/Geo' based off of Geo's Off-Set rules and fractal Geo's within one another. Currently, I am looking for a limited rally followed by a new low. This new low will give us the completion of an AB=CD pattern. Following the completion of the AB=CD pattern, expect for a strong market reversal and have your eyes set on Geo's Off-Set Rule #2 at point 4.
Thank you all for you continued support,
Chartistry
Nota
Hello Traders,Those of you following this chart have seen how multiple Geo's and Wolfe Wave's allowed me to predict which direction price would go just by looking at price structure.
Following the AB=CD pattern between point 2-3 and 4-5 we find price resting at 0.114. This area, most often, acts as a failure point for an AB=CD pattern. At the very least, it is an early entry to the AB=CD pattern. It would be interesting to see if price made a move up from here.
Best,
Chartistry
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.