glennmercer
Long

Buy Whole Foods Market: Gartley + Wolfe Wave Confluence

NASDAQ:WFM   WHOLE FOODS MKT INC
a year ago
WFM             is nearing the completion of a bullish Gartley pattern. In the PRZ of the Gartley , a bullish Wolfe Wave structure is also emerging. Missed monthly pivots sit above price to add to the bullish bias. The overall trend is up, so this area could also serve as an ABC zig-zag EW corrective structure before the uptrend continues. SL is placed below X with targets at .618CD and the BC             terminus.

Confluence in the PRZ:

Thanks for viewing and please don't forget to click the thumbs up button and follow for future updates and more trade ideas!
a year ago
Trade active
Follow me on twitter: @gmercerfx
Shoot me an email: gmercerfx@gmail.com
AhmedAssal
a year ago
quick question bro, why catch the impulse from 17.04 and not 3.80?
+1 Reply
glennmercer PRO AhmedAssal
a year ago
Hi Ahmed, I'm not quite sure to which levels you are referring. The idea behind this trade setup is to catch the bounce from around $30 to about $46. Hope this helps.
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