Good day and night!
Though being slightly incorrect, a bearish wolfewave is being formed at H4 time frame and after reaching point 5 will likely become an interesting sell opportunity in the 0.978x area.
Initial stop loss will be set around 0.9834 and after the breakout of line 2-4 will be placed just above the local peak.
Good luck to all and successful trading!
Though being slightly incorrect, a bearish wolfewave is being formed at H4 time frame and after reaching point 5 will likely become an interesting sell opportunity in the 0.978x area.
Initial stop loss will be set around 0.9834 and after the breakout of line 2-4 will be placed just above the local peak.
Good luck to all and successful trading!
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The wave is definitely broken as the price didn't reach point 5 and the pair went directly to the targets.
However, it's EURCHF bullish counterpart is currently working good :-)
However, it's EURCHF bullish counterpart is currently working good :-)
