johnmad
Short

USDCHF 4 hr /5 min

FX:USDCHF   U.S. Dollar/Swiss Franc
90 5 4
Here are 2 Wolfe Waves , one on a 5 min time frame and the the other on a 4 hr             time frame , the 5 min is also a perfect Gartley where i have set a Sell Limit and just activated .

I have 2 targets on for the smaller time frame and the other for the 4 hr             for a Cypher completion .

Please trade your own plan and your own rules as this is only educational
Trade what you see
lkthomas
4 months ago
can you explain a little bit how did you come up with that sell limit level?
Reply
johnmad PRO
4 months ago
Yes and it's no problem ,
Firstly i identified a Wolfe Wave on the 5 min Chart that will define point 5 of a Wolfe Wave for a Sell .
Secondly there is a Harmonic Gartley Pattern ending at the same Sell Limit Position .
Thirdly there is an AB=CD equal move with a 161.8 extension and also ending at the same sell limit position .
My target 1 is for the 5 min where i anticipate a reversal point with advanced predictive analysands that i have studied in the past .
My main focus is the 4 hr target where there is a possible Cypher Pattern Termination .
snapshot
Reply
johnmad PRO
4 months ago
Just updating this trade as i am still in this Short , my Stop Loss was not hit and i am now in some small profits , my target is still the same, will wait this one out and possible add on my way down , safe trading and trade what you see and your own plan and rules .
snapshot
Reply
johnmad PRO
4 months ago
Target 1 Hit
Reply
johnmad PRO
3 months ago
Target 2 for the Cypher Completion now in sight
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out