GWaves

$EURUSD | Bearish Wolfe Wave | 1-4 Target Line

Short
GWaves Updated   
FX_IDC:EURUSD   Euro / U.S. Dollar
Hello Traders,

EURUSD has given us a short opportunity using the Wolfe Wave method, wolfewave.com.

A short position from this level would be low risk since the stop would be placed above the recent high created. The price target for this trade would be roughly in the vicinity of the green box.

Best,
Chartistry
Comment:
Price carved a new high but did not close above the previous high. Trade still good.
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