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
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
Note
Price carved a new high but did not close above the previous high. Trade still good.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.