MarketMeistersTrading

CITY LODGE HOTELS (CLH) WOLFE WAVE PATTERN

JSE:CLH   CITY LODGE HOTELS LTD
This is not a forecast or a signal. It's just an example of an occasion which a pattern like Wolfe Waves worked well.

CLH - A while back I posted a long entry (Early October) with a potential Bullish Wolfe Wave forming with a trend reversal at point 5.
We saw a bounce at the key area of support followed by a continuation on that momentum to the initial target.

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