Hello Traders,
Even though i have marked the 2 Wolfe Waves , i will be very careful if you are going to take a trade on based on bigger targets because the possibility's are as follows .
1. Price can continue to retrace to Target 1 as i have shown being the Geo Offset Line 1-4 for a possible Reversal.
2. Price can then go back up and Target the Gap but the Bigger Wolfe Wave has not yet been Completed so there are possibility's of Price Going Higher , i will watch Gold closely with this Pair .
3. You can take a 2618 Sell as i have shown the 0,618 Retracement as i have shown that possibility
4.I have not shown Price going higher but have marked the Possibility of an AB=CD .
BUT PLEASE FOLLOW YOUR OWN RULES AND YOUR OWN PLAN
TRADE WHAT YOU SEE
Even though i have marked the 2 Wolfe Waves , i will be very careful if you are going to take a trade on based on bigger targets because the possibility's are as follows .
1. Price can continue to retrace to Target 1 as i have shown being the Geo Offset Line 1-4 for a possible Reversal.
2. Price can then go back up and Target the Gap but the Bigger Wolfe Wave has not yet been Completed so there are possibility's of Price Going Higher , i will watch Gold closely with this Pair .
3. You can take a 2618 Sell as i have shown the 0,618 Retracement as i have shown that possibility
4.I have not shown Price going higher but have marked the Possibility of an AB=CD .
BUT PLEASE FOLLOW YOUR OWN RULES AND YOUR OWN PLAN
TRADE WHAT YOU SEE
Comment:
Showing the 2 possibility's .
Comment:
2618 Sell ,