I believe this current Month will be inside previous Month and will be RED with his High at 1.20475 and his Low at 1.16820.
Next Month - October will have his Low at 1.1718, so current month should close above that point.
I believe only in October will reach target 1.2090, from there a great down will occur. Details after confirmation.
In yellow tick lines the overall wave as I calculate. Pay attention specially on the thick lines in violet, as the dashed lines are more flexible to occur.
This study is based on the Monthly and Daily chart by using geometric calculations on waves.
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 - should use Forex.com data here on tradingview to sync 4H and daily charts.
- 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 daily charts up to yearly.
Next Month - October will have his Low at 1.1718, so current month should close above that point.
I believe only in October will reach target 1.2090, from there a great down will occur. Details after confirmation.
In yellow tick lines the overall wave as I calculate. Pay attention specially on the thick lines in violet, as the dashed lines are more flexible to occur.
This study is based on the Monthly and Daily chart by using geometric calculations on waves.
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 - should use Forex.com data here on tradingview to sync 4H and daily charts.
- 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 daily charts up to yearly.
