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May 26, 2015 2:06 AM

EURAUD: Bullish Wolfe Wave formed at strong SR and Demand area Long

FX:EURAUD60
Euro Fx/Australian DollarFXCM

Description

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Bullish Wolfe Wave formed near Demand area. A good Wolfe Wave should react at 127% or 162% Fib level. Only go for a long position when the price has broken the 1-3 trendline and showing reversal move.
Wolfe WavewaveElliott WaveHarmonic PatternssupportresistantSupply ZoneDemand Zone
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