$EURUSD | Short Trade | Targets Defined

8 Kas 2016

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

9 Kas 2016

Not

Forecast remains in tact and in force.

12 Kas 2016

Not

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

18 Kas 2016

Not

UPDATE: 1st and 2nd Targets Hit.



3rd target remains a probability.

Best,
Chartistry

26 Kas 2016

Not

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



Best,
Chartistry

4 Ara 2016

Not

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.

14 Ara 2016

Not