$EURUSD | Model Eyes New Highs
Updated
Hello Traders,
Model eyes the targets defined on the chart.
The model tries to identify pressure points in any given market. The pressure points themselves identify the breadth and strength of the move to come. It exists in all time frames and can be applied to any market. The targets are printed as data is fed into the algorithm. The further away from the pressure point, the lower probability it has of attaining such levels and the higher the probability of a correction/reversal.
If and when the targets are hit, I would refer to the related chart that points to targets defined on the monthly time frame.
Model eyes the targets defined on the chart.
The model tries to identify pressure points in any given market. The pressure points themselves identify the breadth and strength of the move to come. It exists in all time frames and can be applied to any market. The targets are printed as data is fed into the algorithm. The further away from the pressure point, the lower probability it has of attaining such levels and the higher the probability of a correction/reversal.
If and when the targets are hit, I would refer to the related chart that points to targets defined on the monthly time frame.
Note
EURUSD resting at the Support Zone. Look for a strong move from here.
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