1. WW4 has now begun its climb up
2. WW4 is C-D leg of ABCD pattern.
3. WW5 and D leg will begin around the 1.60 handle.
4. Strong supply at 1.60 handle.
The pattern has not completed yet so patience is needed. But looking at price action there is a high probability rally to 1.60 regardless.
Please see @4xForecaster on tradingview and twitter to have a breakdown of the Wolfe Wave and his alternative theories behind this particular geo.
2. WW4 is C-D leg of ABCD pattern.
3. WW5 and D leg will begin around the 1.60 handle.
4. Strong supply at 1.60 handle.
The pattern has not completed yet so patience is needed. But looking at price action there is a high probability rally to 1.60 regardless.
Please see @4xForecaster on tradingview and twitter to have a breakdown of the Wolfe Wave and his alternative theories behind this particular geo.
