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| CME Group - Wolfe Waves, Daily Charts |
We also notice that the EPA line hasn't been breached yet, which possibly indicators that there is still some upward move left. The target price we look at is $82.34 - $85.11
CME Group - Wolfe Wave Example
Jotting this down for those who want to see how profitable Wolfe Waves can be. Below is the Wolfe Waves plotted for CME Group on the daily chart.
Notice how steep price has been moving once it left the 'sweet zone'. There was a test of the same region ($48 - $49) after which price practically zoomed up.
We also notice that the EPA line hasn't been breached yet, which possibly indicators that there is still some upward move left. The target price we look at is $82.34 - $85.11
We also notice that the EPA line hasn't been breached yet, which possibly indicators that there is still some upward move left. The target price we look at is $82.34 - $85.11
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