SPY bearish Wolfe Wave M15

٢٦ يوليو ٢٠١٩

It's a bearish Wolfe Wave. The dashed line is the target line.

٢٩ يوليو ٢٠١٩

ملاحظة

Wolfe Wave seems to work. Now its climbing on low volume whereas the inicial descent from point 5 of the Wolfe Wave the volume was higher.

٢٩ يوليو ٢٠١٩

ملاحظة

After the 50% correction of the initial down-movement the idea is to go short with a stoploss slightly above the 100% fibonacci retracement (e.g. 303) and a take profit at the 161,8 fibonacci extension.

١ أغسطس ٢٠١٩

أغلقت الصفقة: تم الوصول للهدف

Target was reached yesterday.