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.
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