According to Wolfe Wave strategy, we are at the begining of 5th bullish wave also i see some bullish divergences at macd and rsi on weekly chart.
In long term we can aim:
1.15450
1.17300
1.19600
***Your stop loss must be our inclined support in this strategy.
What is Wolfe Wave Strategy?
forextradingstrategies4u.com/wp-content/uploads/2016/09/wolfe-wave-trading-strategy.png
Fundamental Tips:
After Powell's (FED's chairman) dovish speech, we understood that USA will not increase interest rate in future period as they did in the past.
Source: cnbc.com/2018/11/28/fed-chairman-powell-now-sees-current-interest-rate-level-just-below-neutral.html
Have a nice day,
Berk
In long term we can aim:
1.15450
1.17300
1.19600
***Your stop loss must be our inclined support in this strategy.
What is Wolfe Wave Strategy?
forextradingstrategies4u.com/wp-content/uploads/2016/09/wolfe-wave-trading-strategy.png
Fundamental Tips:
After Powell's (FED's chairman) dovish speech, we understood that USA will not increase interest rate in future period as they did in the past.
Source: cnbc.com/2018/11/28/fed-chairman-powell-now-sees-current-interest-rate-level-just-below-neutral.html
Have a nice day,
Berk
Trade active
1st target reached, congrats :)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.