Textbook Wolfe Wave. Mmmmm bear soup, enjoy!
www.forexfactor.../attachment.php?attachment...
www.forexfactor.../attachment.php?attachment...
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Looks pretty perfect. Too bad TV banned me for a month for telling trolls to shut up and stop yelling at noobs to sell the bottoms (and fill their bids), I'd have posted this chart much sooner. I saw the possibility of a nice WW happening before we broke the bottom trendline at 8.5k$. Oh well, TV mommy mods made me wait an extra 2 weeks to post it. Sorry guys! Next time I'll just let the trolls do their thing and not try to make them STFU.
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And now we're coming up to the top target, and it looks like things could be developing into another wolfe wave to hit the top at 12400ish, with the target of the top wolfe wave hitting around 10500. After that, I'm guessing we see a breakout of 13k but then I'm rather bullish here. Happy trading!
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Ah well, didn't work... that was too good to be true :P
This is still a possibility though
This is still a possibility though
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Fell short of the target but not too bad! Hit play a bunch of times :)