SPY bearish Wolfe Wave M15

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

Snapshot
Anmerkung
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.
Trade geschlossen: Ziel wurde erreicht
Target was reached yesterday.
Wolfe Wave

Haftungsausschluss