Canadian Dollar vs. Swiss Franc
숏
업데이트됨

$CADCHF | Targets Defined | Geo In Progress

157
Hello Traders,

CADCHF is calling for a Geo' completion at 5" (Double Prime). Where as, my target for this pair is 0.72652, followed by a retacement back to 0.73843 completing Geo's Off-Set rule #3.

As always I look for symmetry in the Geo', (which is a twist added to the Wolfe Wave by 4xForecaster).

Always looking for the following in the Geo'.

1. ab=cd symmetry between points 1 and 2
2. ab=cd symmetry between points 2 and 3(although you might not always get this).
3. AB=CD symmetry between points 2-3 and 4-5. This final step typically tells you where the Geo' will complete.

In this case, I am looking for it to go below the AB=CD symmetry before it retraces back to complete Geo's Off-Set Rule #3.

Keep in mind the rules of the Geo':

1. Point 5 calls for 1-4 line as target (Bill Wolfe's rule for the Wolfe Wave).
2. Point 5' (Prime) calls for point 4 as a target.
3. Point 5" (Double Prime) or lower, calls for point 3 as a target.

If you find this post helpful and would like more posts in greater detail, please let me know by liking, commenting and following.

Best,
Chartistry
노트
Update:

Geo is compromised. But the target in yellow still remains in tact.

면책사항

해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.