Wolfe Wave
(4H) XBTUSD, Dragon Tail StrategyBTC has strong resistance on 9820, this week is good sign because it's broken up weekly trendline. I have 2 view points:
1. Bullish Trend with target 11634 and decline area on 10600-10700, condition: must cross over 9820
2. Bearish Trend with target 6863 and rebound area on 7832, condition: decline on 9820
AUDCADWell, it graphic I found some interesting:
- I took the point X to complete the flag pattern, now I show the new point to entry with his TK and SL.
- We have a flag pattern, now I'm waiting, It to break the last resistance and complete a Wolfe wave.
- Could take the entry now and it's gonna be a nice TK
- It should with the trend.
- Care your CAPITAL!!!
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Bueno, gráfico me pareció interesante:
- Tomé el punto X para completar el patrón de bandera, ahora muestro el nuevo punto de entrada con su TK y SL.
- Tenemos un patrón de bandera, ahora estoy esperando, para romper la última resistencia y completar una ola Wolfe.
- Podría tomar la entrada ahora y será un buen TK
- Debería con la tendencia.
- Cuida tu CAPITAL !!!