GWaves
Short

$EURGBP Bearish Wolfe Wave

FX:EURGBP   Euro / British Pound
Hello Traders,

$EURGBP completed a bearish Wolfe Wave at 5'. I would look to enter the short on Monday and exit at the Geo             Off-Set Rule.
Trade active
Trade closed: target reached
I'm already short this one from last week so maybe my view is a bit bias, but it looks pretty good. Btw. I'm enjoying your wolfe charts! ;)
+1 Reply
GWaves PRO AleksanderThor
Hello @AleksanderThor, thank you for your kind words and support. Great eye, I too, had my eye on the larger time frame Wolfe for a while. I refrain from trading when point 4 is higher than point 1. In this case it will work very much in both of our favors. Very well done.
Reply
Yea in this case point 4 is a Elliot Wave count - So I normally only trade Wolfe when they are in contracting triangle :)
+1 Reply
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