Hello, everyone! Dow Jones INDEX:DJY0 is forming the bullish wolfewave. If the price goes South within the indicated borders of FIBO fan (38.2-61.8), it'll shape the classic WW pattern which represents an interesting opportunity as potential long setup. GL All and profitable week!
Good day (and night :-)), All! Major bullish green wave and supporting its formation minor yellow WW are currently taking shape and will most likely be formed within the next day. Normally, I wouldn't trade such a wave alone, but with the support of lesser yellow one it's worth of giving it a shot. I would like to underline that major green pattern can't (!) be...
Hi All! OANDA:EURCHF has formed bullish pattern by reaching point 5 of the Wolfewave. Currently it is re-testing support in the 1.083x area and RSI is showing divergence on H4 time frame. If it holds and new peak formation will be confirmed, it presents a good opportunity to enter longs. Great trades!
Hello traders! TVC:DXY formed an accurate orange Wolfewave on H1 timeframe confirmed by both RSI divergence and volume. (The volume is not being displayed here, but in my terminal I can see significant volume at point 5 of bearish candle). Entering shorts with initial SL being placed pretty high and after the break of line 2-4 and confirmation of continuing...
Good day and night! Though being slightly incorrect, a bearish wolfewave is being formed at H4 time frame and after reaching point 5 will likely become an interesting sell opportunity in the 0.978x area. Initial stop loss will be set around 0.9834 and after the breakout of line 2-4 will be placed just above the local peak. Good luck to all and successful trading!
Hello everyone! Following recent fall in global stock markets, if the downtrend continues, OANDA:EU50EUR will likely form the bullish blue wave. As a possible confirmation for current continuous downtrend, minor yellow wave is being formed. However, even if it doesn't succeed and the price reaches 349x-35xx support area, this will provide an interesting...
The major yellow bearish TVC:GOLD wolfewave was shaped successfully on 07 June as the price didn't manage to break through resistance area of ~1295-1300 and thus formed the peak at point V. Currently, the minor purple wave is forming on H4 and if successful, is likely to re-test previous resistance level once again. Provided that new double peak will hold...
Hello, traders! NIKKEI 225 formed a bearish wolfewave and made a good move below the line 2-4 being supported by medium volume. Opened sell position, but as the price bounced from fibo fan 61.8, it may retrace to line 2-4 later. If so and supported by divergence/volume, this can become an opportunity for more shorts. GL All!
Hello everyone! FTSE100 is forming purple bullish wolfewave project on H4. Prior to fallback to point V, I expect it to form a rising wedge/triangle (yellow) to retest line II-IV. Good luck and profitable week!
If current TVC:DXY minor bullish blue Wolfe wave formation reaches its target, the senior orange WW will be formed and it will likely become an interesting opportunity for opening shorts. Currently opened 2 long positions to pursue point 6 (blue). The outcome of this project will surely be affected by the news tomorrow as the market reaction may swing the...
Though being slightly incorrect wolfewave, it appears to be a good opportunity for sell entry. Opened short at 1.29568/1.29593 TP 1.2832 SL 1.3052 (If 2-4 line is broken, SL will be moved to right after the peak point 5.) GL All!
Gold formed mid term bearish Wolfe Wave (WW) pattern (orange). If successful, it may become a part of a larger yellow bearish WW formation - looking forward for 1295-1300 later. Recently, opened SELL at 1265.56 SL 1279.04 TP 1238.54 Gl All!
This project looks interesting as bullish blue wolfe wave appears to be a natural part of a greater orange WW formation.
Brent bullish blue wolfe wave appears to be a good opportunity to go long soon. However, caution is advised as opposite minor purple wave formed on 15 min. Entering long when it'll be over.