Target for month has changed a little in my view. Was 1.1918 in my previous studies, and now has changed to 3 pips before, 1.1915.
As show on the graph this week can already have this format with a high at 1.1889 and a low at 1.1668, using 1.171 as impulse point for next week jump to target.
In fact the only thing it needs to achieve target is to have a weekly candle in RED and close above or equal to 1.171 in order to use it as impulse.
Also remenber that is a week study, for lower time frames some differences on impulse points should occur.
Of course can be a different path including other weeks to reach target. This is a study based on the last waves ocurring previous week.
Please be aware that:
- These points could overpass a little as long as the impulse will be there, usually on a 4H or Daily UTC server.
- Please note that I am only predicting where things happens, not when, because that really depends on others factors such as the agreement of all major sessions - London, NY and Singapore - and also on Events, the fast/slow motion tool.
- Also those points/targets are not random or just imagination, they are in fact result of my calculations based on wave counting, measurement and convergence on very high timeframes starting from weekly charts up to yearly.