$CADCHF | Bearish Wolfe Wave | 1-4 Target Line Short

Canadian Dollar/Swiss FrancFXCM

Description

⋅ 15 mai 2016 18:23

Hello Traders,

This pair offers us a great short set up at point 5. I would look for the 1-4 line as the exit point.

Best,
Chartistry

⋅ 17 mai 2016 23:46

Internal geometry formed. Rogue wave in play.

⋅ 19 mai 2016 15:25

Update: 2-4 line broken, analysis remains the same. 1-4 target line. However, I would be mindful of Geo's Off-Set Rule at point 4.

Commentaires

ChatchaiVong

⋅ 19 mai 2016 14:53

please , update chart again , thank so much.

GWaves

⋅ 19 mai 2016 15:26

Hello @ChatchaiVong, I have updated the chart. Analysis remains the same.

ChatchaiVong

⋅ 19 mai 2016 16:11

thank so much.

maksheetal

⋅ 18 mai 2016 00:14

Do you still think it's a good idea to go short?

GWaves

⋅ 18 mai 2016 01:02

Hello Maksheetal, based on the geometry a short would be the favorable position.