rv
Long

AUDUSD(H1) Potential Wolfe Waves 5'

rv  
FX:AUDUSD   Australian Dollar/U.S. Dollar
490 11 9
AUDUSD             (H1)

Potential Wolfe Waves 5'. targeting 4 and 1-4 line.
Smashing !!
+1 Reply
rv Pip_Alchemist
1-4 smashed
+1 Reply
Hit right at ur 5th and went high up, causing it to break through the line.

Seem to go up further more?

snapshot
Reply
rv BoonOng
thanks for the chart, support lines and channels. v nice.

The geometric setup on the H1, for this instance and pattern WW, was completed - hit 1-4 line target. Typical retracement followed, before the next move.
lets see what follows next, and trade accordingly. :)
Reply
If you look closely, there's a five wave move culminating in an ending diagonal heading down there, right before the reversal.
Reply
IvanLabrie PRO IvanLabrie
Sorry, was referring to the above poster's chart. WW's aren't always ending diagonals, this one is.
Reply
rv IvanLabrie
nice spotted Ivan, need binoculars for this one..
Reply
Look at this one:

snapshot


Very high probability reversal from this level...I suspect the dollar bull run is done.
Reply
rv IvanLabrie
nice chart, thanks Ivan.
lets try to find high probability setups, as you suggest.
Reply
Great WW mate, keep it up!
Reply
rv iefan
thanks m8, hey chip in..
Reply
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