AUSSIE SHORT SET UP 24 APR
1. Potential bullish Wolfe Wave
2. Wave 4 is due its decline
3. Strong resistance @ 0.78 level.
4. Price Action indicating Bulls are losing steam on all TFs.
Based on Wolfe Wave rules, one must enter on wave 5. However if you can spot the geometry early and forecast where Wave 4 will begin then why not enter at wave 4?
R
2. Wave 4 is due its decline
3. Strong resistance @ 0.78 level.
4. Price Action indicating Bulls are losing steam on all TFs.
Based on Wolfe Wave rules, one must enter on wave 5. However if you can spot the geometry early and forecast where Wave 4 will begin then why not enter at wave 4?
R
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