This pair has a few opportunity's it is Defined as a Wolfe Wave Completed and there are 2 Wave's within one also called a Rouge Wave .
The Rouge Wave is numbered at Points 3,4,5 and 4' hope you can see it .
I am short here but there is always possibility's of surprise elements here and price can for another Wolfe Wave ending at 5'' so please take this into consideration or have your SL above 5'' and re enter IF Price gets there .
Please be warned that this is only educational and not a trading call .
Trade your own plan and your own rules .
Trade what you see.
The Rouge Wave is numbered at Points 3,4,5 and 4' hope you can see it .
I am short here but there is always possibility's of surprise elements here and price can for another Wolfe Wave ending at 5'' so please take this into consideration or have your SL above 5'' and re enter IF Price gets there .
Please be warned that this is only educational and not a trading call .
Trade your own plan and your own rules .
Trade what you see.
Comment:
First Target hit Dead On .
Comment:
Target 1 and 2 hit Closing on Target 3.