HI BIG PLAYERS,
in this case study I present a bearish Wolfe Wave on USDJPY 4-hour Chart.
The risk-reward-ratio are 1:15. This mean for every 1 USD you can win 15 USD.
In addition, the rebounce was a few minutes ago exactly on the 1.272 (a typical rebounce fibonacci line by a Wolfe Wave pattern).
Furthermore, I am testing with the new Pinescript Version 4 the...
Second tag on Previous Wolfe Wave Soup line, if failure sets this may be a nice short swing opportunity.
Dollar showing some Post FOMC weakness and Crude testing some support levels
Ill explain more when I have time.
Targets 3266 for starters
