For Educational Purpose ''Not a Fınancıal Advise''Dear traders,
The presented graph shows data about changing C98's prices. We may expect fake fall at the sweet spot but keep an eye on that if a decrease is getting deeper, that chart may be invalid.so be careful.As I show in the chart, the first option could be cross-channel consolidation then the TP1. The second option is that if we might have a huge volume and cross the triangle, we may find ourselves at TP2 directly.
Level: 3.909
Level: 4.846
Level: 6.096
Level: 8.372
If there is a sudden decrease, we can buy from these points.
Level: 2.879
Level: 2.685
Level: 2.408
GOOD LUCK.
Wolfeofwaves
EURJPY - BULLISH WOLFE WAVE #RRR 1:10HI BIG PLAYERS,
the EURJPY's 1 hour chart is currently showing a nice bullish wolf wave.
I suspect that the price is still dropping a bit and is making its way up the Fibonacci line 38.2.
Also, the RSI is just colliding with a support line of the past lows (green circles).
The RRR (risk-return ratio) used here is 1:10 (means for 1 EUR risk you can get 10 EUR profit).
If you like my indications, feel free to follow me.
Kind regards
NXT2017