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Tony_Dong
May 6, 2017 8:43 AM

EURUSD,Two Wolfe Target Lines  Long

Euro Fx/U.S. DollarFXCM

Description

There are two price target lines formed during the correction phase on EURUSD daily chart in the same consolidation.
Let's see how the Wolfe Pattern will develop.

Comment

EUR is most possibly creating the right shoulder. Based on Wolfe Wave Pattern and Head-Shoulder Pattern, price will continue down trend to touch the Wolfe EPA line. Sell Euro again when right shoulder completed.
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