has achieved Wolfe Wave
T2 (attached below) and is completing a series of bearish
patterns in a confluent reversal zone. On the longer TF, a 1.13 projection of 0X lies at the top of the PRZ. There are also bearish bat
patterns completing in the area of a Wolfe Wave
SELL zone. Missed pivots
lie below price which may also drag down price. Entry in the middle of the PRZ with targets at the 1-4 WW target line and the .618 allow for a R/R of about 2.5.
Confluence in the PRZ:
1. Bearish Bat
2. Bearish Butterfly
4. 1.13 0X
6. 3 bc
7. Bearish Wolfe Wave
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Long on Wolfe Wave:
Long on Bullish Crab: