$EURUSD | Bearish Wolfe Wave | Eyeing 1.12139 Short

Euro Fx/U.S. DollarFXCM

Description

⋅ May 3, 2016 4:09 PM

Hello Traders,

EURUSD has formed a bearish Wolfe Wave at point 5. The pair was halted at the 0.618 point of cd in the ab=cd pattern I'd look for before entering the short.

Geo's Off-Set Rule at 1.12139 is a high probability target followed by the 1-4 line.

Best,
Chartistry

Comment

⋅ May 18, 2016 9:19 PM

Target Reached.

Comments

quantafund1979

⋅ May 4, 2016 2:04 AM

awesome
i also did one at 1.1600

GWaves

⋅ May 4, 2016 2:15 AM

Nice! I wasn't able to get in at that time. I got in around 1.15~. A nice set up though.

garold

⋅ Aug 14, 2016 3:25 AM

Good call!

immawin

⋅ Jun 1, 2016 12:02 AM

Did u catch the entire 400 pip move?

GWaves

⋅ Jun 1, 2016 11:08 PM

My exit was Geo's Off-Set Rule at point 4. Not the entire 400 pip move.