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johnmad
Nov 12, 2016 6:25 AM

USDCAD Wolfe Waves at its Best  Short

U.S. Dollar/Canadian DollarFXCM

Description

Point 5 " of the Wolfe Wave Defined , covered by a Rough Wave , AB=CD even Harmonic Patterns , to many info to share on one Chart but to me the Wolfe Wave stands out the most .

Trade tour own Plan and your own Rules
Trade what you see
Comments
livingdaylight
Are you already short or are you waiting for something to trigger sell?
Where is the SL?
johnmad
@livingdaylight,
I am not short as yet , here is a chart explaining my Rule .
livingdaylight
@johnmad,
Thanks you for that...
and by "RSI close" I guess you mean the close of an H4 candle while RSI is below 70 and then market entry of next H4 candle?
johnmad
@livingdaylight,
100% Correct .
oskaralek
Very nice setup !...We are waiting for a sell now :)
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