Wolfe Wave
EUR/USD Aug.14.2020The pair is respecting the descending trend line in the 4H timeframe and tested it for the fourth time.
We can see here a Wolfe wave pattern, and the sixth wave must be formed.
So there is a good chance for the pair to go down and reach the goal show in chart
Entry : 1.18450 - 1.18100
TP : 1.15500
SL : 1.19100
Amarajabat - Wolfe WaveAmarajabat has bearish wolfe wave as well as rising wedge and its a very strong pattern, very few times it fails to achieve targets. Targets on chart...
(30m) xbtusd, pingpong on sidewaywe have resistance around 11248, 11337 and 11395, these are fav for shorting on sideway mode.
But 11072 and 10963 area fav support to rebound
disclaimer:
-> this is not financial or trading advice
-> read the chart carefully and compare with other analysis
-> this analysis can 100% wrong, your action is your own risk