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Autotrendline

BEARISH WOLFE WAVE RISKREWARD 1:15, WolfeWaveAutoScript TestingHI 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
Short
by NXT2017
Updated
55

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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