Bullish Wolfe Wave formed near Demand area (only visible at M5 timeframe). A good Wolfe Wave should react at 127% or 162% Fib level (coincidentally the 162% level is inside the supply area). Only go for a long position when the price has broken the 1-3 trendline and showing reversal move.
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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.