EURUSD - Trends, Forecasts and Implications (Part 1) - page 318
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Does it select the waves automatically?
>> yes
yes
I understand that he searches for waves according to those signs that are described in the literature and you build level goals accordingly?...But I want to add that the drawing of a wolf also allows you to additionally determine reversal points when a wolf seems to be drawn incorrectly...
I also want to show an interesting example on the tick chart how exactly the wolf worked...
The nearest target is 1.4851...
The nearest target is 1.4851...
And then where to next? Is there still hope to see 1.4775 ?
Actually we are now moving towards 1.4800 in tick history...
Actually we are now moving towards 1.4800 in tick history...
Yeah I got it, just sitting at 1.4775 and thinking: close or not...
This target is definitely looming... After yesterday's rise, it's the next continuation of the trend...
Target at 1.4851 has been reached now a pullback and then we will be able to tell if there will be a move towards the target 1.4893-1.4897.