GBPUSD.... Looking for a Bearish Wolfe Wave Reversal
Nice Wolfe Wave setup .... break of point 3 should confirm. (approx 1,2670)
This could go higher (1.28+) so watch closely
Target is 1.2450 by early August
On a shorter term basis a bearish deep crab pattern has developed
S.
This could go higher (1.28+) so watch closely
Target is 1.2450 by early August
On a shorter term basis a bearish deep crab pattern has developed
S.
Note
Well this went a little higher than expected...Point 5 is a 1.13 extentsion of 1-2.
Two possible entry points....a break of the parallel line or a breach of point 3
S.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.