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Feb 21, 2024 10:19 AM

Bearish Wolfe Wave  Short

iShares MSCI ACWI ETFNASDAQ

Description

A bearish Wolfe Wave is a technical chart pattern that typically signals a reversal in an upward price trend. The "sweet zone" in a bearish Wolfe Wave refers to the region where the price is expected to reach before reversing its upward movement. When the price enters the sweet zone of a bearish Wolfe Wave, traders may anticipate a potential trend reversal to the downside.
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