Pattern formed multiple wolf wave
Axis bank in make or break zone.
29 june/1july period important.
If closes above 640 bulls can have upper hands.683/720/832
If Closes below 590 bears area 498 to 427
ROOOAR!! WOULD BE FINEST RISK TO REWARD RATIO!
I MARKED ENTRY PRICE ZONE AND DREW A SUGGESTION FOR A TIME PROJECTION AS WELL
I MAKE A SUGGESTION FOR A STOPPLOSS AND I HIGHLY RECOMMEND THAT YOU CALCULATE YOUR RISK PROPERLY:
THE MONEY YOU WOULD LOSE WHEN STOPPLOSS WILL BE HIT SHOULD NOT BE MORE THAN 1-2% OF YOUR WHOLE TRADING ACCOUNT.
HAVE FUN, LOVE WHAT YOU DO...
HI BIG PLAYERS,
I'm back with a Wolfe Wave pattern on the EURCAD 4h-chart.
Hereby the Wolfe Wave are bullish and give you for every invested 1 $ -> 6 $ back.
The reasons for a possible Wolfe Wave are that here was an impulse up and currently a similar range of up and down bars show a correction wave => Wolfe Wave as correction wave has the best income...
