$USDCHF Smaller Geo Completes Engulfing Wolfe Wave
Updated
Hello Traders,
Here we have 2 converging Wolfe Wave's where the smaller Wolfe Wave completing at the 1-4 line creates point 5 of the engulfing Wolfe Wave. The 5' line is in play but it is rather unlikely in this scenario.
Here we have 2 converging Wolfe Wave's where the smaller Wolfe Wave completing at the 1-4 line creates point 5 of the engulfing Wolfe Wave. The 5' line is in play but it is rather unlikely in this scenario.
Comment
Point 5 hit, now looking for a bullish move.
Trade active
Long position in place.Comment
Larger Wolfe Wave has been invalidated. Smaller Wolfe Wave is still active. If you missed the first entry. Now would be a good time to enter.I will update this pair showing only the smaller Wolfe Wave.
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