My wave calculations give me 114.66 as target
By analyzing current graphs, I am sincere and waves are not done to end now at 114.42. However I have seen many times this scenario of reaching the limits without proper waves.
Anyway, I expect a double bottom at 112.951 from 114.37. After that again up to 114.42.
From there a great down to 111.09 and then to target 114.66
Dashed lines are less probable than solid and ticker ones.
Also notice trendline and see that they are trying to close above.
Another possibility is to go direct inside this last wave to 114.66. Is not correct in terms of my waves rules, but is possible, however improbable. Check my idea on EURUSD in September and surprisingly they have gone to target sooner than I expect. Link bellow.
For a brief view of how do I reach to that conclusions, take a look at the following link.
Not ready understandable, but is my own private method for counting and measuring waves.
https://i.imgur.com/40esuOf.png
In sum, focus on target.
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.
By analyzing current graphs, I am sincere and waves are not done to end now at 114.42. However I have seen many times this scenario of reaching the limits without proper waves.
Anyway, I expect a double bottom at 112.951 from 114.37. After that again up to 114.42.
From there a great down to 111.09 and then to target 114.66
Dashed lines are less probable than solid and ticker ones.
Also notice trendline and see that they are trying to close above.
Another possibility is to go direct inside this last wave to 114.66. Is not correct in terms of my waves rules, but is possible, however improbable. Check my idea on EURUSD in September and surprisingly they have gone to target sooner than I expect. Link bellow.
For a brief view of how do I reach to that conclusions, take a look at the following link.
Not ready understandable, but is my own private method for counting and measuring waves.
https://i.imgur.com/40esuOf.png
In sum, focus on target.
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.
