$USDCHF Smaller Geo Completes Engulfing Wolfe Wave

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.

Kommentera:

Point 5 hit, now looking for a bullish move.

Handel aktiv:

Long position in place.

Kommentera:

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.