$EURUSD | Short Trade | Targets Defined

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

Kommentera:

Forecast remains in tact and in force.

Kommentera:

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

Kommentera:

UPDATE: 1st and 2nd Targets Hit.

3rd target remains a probability.

Best,
Chartistry

Kommentera:

UPDATE: 3rd target not hit. But a potential point 5 creation was made. Waiting for a clear signal from this level.

Best,
Chartistry

Kommentera:

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.

Kommentera: