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coffeeground
31 mai 2015 14:35
GBPAUD: BEARISH WOLFE WAVE FORMED NEAR SR AND SUPPLY LEVEL
Long
FX:GBPAUD
240
British Pound/Australian Dollar
FXCM
Description
⋅
31 mai 2015 14:35
Bearish Wolfe Wave formed near SR level and Supply area. Price also has reached 127% Fib level. Only go for a short position when the price has entered below the 1-3 trend line and showing bearish move
Fibonacci
Wolfe Wave
wave
Elliott Wave
Harmonic Patterns
support
resistant
Supply Zone
Demand Zone
Commentaires
kmk.msp
⋅
31 mai 2015 19:09
This is not Wolf Wave because both 1-3 and 2-4-5 line should converge instead of diverge i.e. should meet at some point
coffeeground
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1 juin 2015 02:14
thankyou for noticing
@KMK
.msp . i thought 1-3 and 2-4 converge is not a mandatory for wolfe wave.
coffeeground
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4 juin 2015 01:46
this trade is a loser. i found a new bearish wolfe wave in this pair and the 1-3, 2-4 did converge :)
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