EURUSD 4h chart

EURUSD has recently made a retest to a previous high structure coming from march while at the same time completing a specific bearish pattern called Wolfe Waves. It also triggered a short signal from a proprietary pattern we use.

From our view and a pattern specific target placement we are expecting a drop to 1.3800-1.3794 has a 1st target. Setup will be updated with 2nd target once the trade proceeds.

Best regards,

James Correia