Hello Traders,
EURUSD has offered a high probability move to the downside. The targets have been defined as follows:
Dark Red = Very High Probability Target
Medium Red = High Probability Target
Light Red = Medium Probability Target
Grey = Low Probability Target
If the Grey target is hit consider this Geometry:
This has been in development for several months (take a look at the related idea posted months).
Best,
Chartistry
EURUSD has offered a high probability move to the downside. The targets have been defined as follows:
Dark Red = Very High Probability Target
Medium Red = High Probability Target
Light Red = Medium Probability Target
Grey = Low Probability Target
If the Grey target is hit consider this Geometry:
This has been in development for several months (take a look at the related idea posted months).
Best,
Chartistry
Note
Forecast remains in tact and in force.
Note
Consider the Following adjustments in the targets. Also note that the completion of the Wolfe Wave now becomes a high probability event. Could this be prophetic of a USD fall?Best,
Chartistry
Note
UPDATE: 1st and 2nd Targets Hit. 3rd target remains a probability.
Best,
Chartistry
Note
UPDATE: 3rd target not hit. But a potential point 5 creation was made. Waiting for a clear signal from this level. Best,
Chartistry
Note
UPDATE: A break of 1.04998 would give way to 0.99451 and 0.96904 as the next highest probability targets.If 1.04998 holds, look for the Wolfe Wave to take course.
Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.