Entry confirmation was given with the Bullish Engulfing
candle on 1st Dec
. When you look into the Wolfe Waves
anatomy you will find ABCD patterns which one can profit from. When studying the ABCD pattern
above you will notice its pivot points
are in confluence with golden ratio %, coincidence?
This is a high reward set up which works. The set up presented itself way before any fundamental news announcements. The market was already anticipating the news. Speculation ways heavily on the direction of a currency which is why TECHNICAL ANALYSIS
IS KING. And what you see is artwork...
Madness to my method