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
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Forecast remains in tact and in force.
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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
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UPDATE: 1st and 2nd Targets Hit.
3rd target remains a probability.
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UPDATE: 3rd target not hit. But a potential point 5 creation was made. Waiting for a clear signal from this level.
Best, Chartistry
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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.