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Perfect Wolf Wave Chart

Monday 11-5-2009

EURUSD 1hr WolfWave Chart Pattern

I want to start this weekly recap with this perfect Wolf wave chart, this chart impressed me, it was perfect, although charts pattern works and give accurate result, but it's rarely to see one obeyed the rules just as written in the books.

You can see this chart in EURUSD pair best show will be in 1hr time frame, first wave started on Tuesday 12/5, and ended 20/5, it's chart life time not the trade, actually the chart trade started on Monday 18/5.

 

 Bat Pattern, EURJPY 1hr 

Bearish Bat pattern, it's in 1hr time frame, I think the trader who was concentrating in 1 hour time frame was lucky this week, we talked about wolf wave above, and here we had a bat in the same time frame but this one was in EURJPY pair.

In the chart below point "C" went dowen, I was bout to consider it a failure Bat battern, but it didn't riech the A point, and made a nice move up which put it in the game again. 

This chart started Wednsday 8:00 and reached "D" point Friday 1:00

 

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