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Short

Wolfe Wave Bearish Facebook Day Trade

NASDAQ:FB   FACEBOOK INC
Step #1: Prior to the Bullish Wolfe Wave Formation look to have a clear Bearish Trend
Step #2: Try finding a 5 wave move that can be contained in a channel. Last wave 5 must break below the channel
Step #3: Buy after we break and close inside the Price Channel .
Step #4: Draw a trendline that connects the wave 1 low and wave 4 high and extend it in the future. Take 1/2 profit when the EPA line is hit. Run with rest.
Step #5: Hide Protective Stop Loss below Wave 5
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