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fximperija
Dec 7, 2014 6:24 PM
#USDCHF bearish #WolfeWave #DoubleTop
Short
FX:USDCHF
240
U.S. Dollar/Swiss Franc
FXCM
Description
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Dec 7, 2014 6:24 PM
Nice rising wedge with Wolfe wave confirmation needed on double top for 5 and down we go into 942
USD (US Dollar)
Wolfe Wave
Double Top
Comments
IvanLabrie
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Dec 7, 2014 6:26 PM
Huh? Isn't the pattern the other way around? point 1 is before your point 1.
fximperija
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Dec 7, 2014 6:34 PM
The start is the initial point so 1 marks the end of the initial leg (wave) and so on, 5 being the end of the sequence :)
IvanLabrie
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Dec 7, 2014 6:40 PM
I've seen it labeled differently, but well, same end result.
tradingview.com/v/cXjoHuPV/
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