🐺 Bullish Wolfe Wave
A Bullish Wolfe Wave is a natural reversal pattern that forms when price action creates five specific waves, ending in a final dip (Wave 5) just outside a trend channel. It signals a strong potential bullish reversal, with the price expected to rise toward a target line drawn from points 1 to 4. This pattern is known for its accuracy in predicting sharp price movements and is favored by experienced traders looking for early reversal entries.
