Potential Wolfe Wave Pattern.
Updated
If the top is (nearly) in we might see a Wolfe Wave Pattern play out with the targets of .618 - .705 fib levels.
This is for my own educational use only.
This is for my own educational use only.
Comment
9600 already this morning. I do however expect a liquidity grab to low to mid 10k levels from hear before going down more.Comment
Great trade so far, took partial profits at 8300 level.Will re-short 9500-10.500 range if we get it.
Buy points of interest: 6750 - 5800 range (.618 - .705 as discussed before)
Trade closed: stop reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.