4xForecaster

Wolfe Pattern - The Wise-guy pattern ... Just Wait A Little.

Short
FX:CADJPY   Canadian Dollar / Japanese Yen
4
Wolfe Pattern - Entry Op ... When?

It's never too late to get into a Wolfe Waves pattern. In fact, the astute trader will WAIT for price to unwind and rally temporarily back to validate the underbelly of the pattern, right along the 2-4 line. Once this occurs, the probability of trend resumption towards the 1-4 line is pretty reliable.

Cheers!


- David Alcindor | 4xQuad.com

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