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smallbigfish
Jan 9, 2019 12:48 PM

BEARISH WOLFE WAVE ON ETHUSD H4 Short

Ethereum / DollarBitfinex

Description

Google Bearish Wolfe Wave and compare the pattern to the ETHUSD Chart on H4.

ETH is already due on a retrace after almost a 100% the last couple weeks.
Might give another final push to local highs or slightly above but I doubt it.

Striped diagonal lines are possible supports aswell as the fibonaci levels.

Tweet me @ZSNEEZY.

Trade closed: target reached

- Added 5 impulse wave AND 3 corrective wave prior to the Bearish Wolfe Wave.
- Corrected Wolfe Wave support slightly at 4 point and extended both lines to match the time analysis of the pattern.

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