The invention provides a wireless channel estimation method which is used for solving the problem that in the prior art, the calculation complexity and estimation precision are not balanced. In the wireless channel estimation method, according to pilot signals at the two receiving and transmitting ends in wireless communication, obtaining a channel frequency response of a wireless communication pilot frequency position, and training a neural network of an ELM according to the channel frequency response and a position index, obtaining a training error of CSI, optimizing the number of hidden layer neurons of the ELM by using an optimization algorithm, obtaining an optimal number, and obtaining the CSI by using the trained ELM. According to the channel estimation method, the extreme learningmachine and the optimization algorithm are combined, the optimal hidden layer neuron number of the extreme learning machine is obtained, good mean square error performance and bit error rate performance are obtained in channel estimation, the channel estimation precision is improved, and the channel estimation method is effective and easy to use.