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GWaves
Nov 12, 2016 7:20 PM

$EURJPY | Bearish Wolfe Wave | Target Defined Short

Euro Fx/Japanese YenFXCM

Description

Hello Traders,

EURJPY is offering a potential short opportunity with this Wolfe Wave set up. I have defined a Potential Target Before Decline at 117.429. The exit target for this trade is the 1-4 equilibrium line.

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Best,
Chartsitry

Comment

UPDATE: Potential Target Before Decline Hit.

Comment

UPDATE: A second target has been defined. EURJPY not ready to move down just yet.

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