GWaves

$EURUSD | Bullish Targets Defined | Predictive/Forecasting Model

GWaves Updated   
FX:EURUSD   Euro / U.S. Dollar
Hello Traders,

There is a lot of action going on right now around Euro because of the French elections. Taking a purely technical look at EURUSD, the Predictive/Forecasting model has defined the following BULLISH targets.

Very High Probability - 1.10444
High Probability - 1.11140
Low/Medium Probability - 1.12039

Highlighted in faint grey is a background geometry that I'd pay attention to through the corner of my eye. However, it has not posed any significant pull on the price as of yet.

For those that are not familiar with the Predictive/Forecasting Model, it is the method taught by David Alcindor, known as "4xForecaster." I was fortunate enough to be one of the few students to take his course and learn the "magic" behind the very powerful model.

For historical reference, the Predictive/Forecasting Model was used during the American Elections as well. I have linked the ideas below.

Best,
Chartistry
Comment:
Traders,

Expect 1.11140 to be hit between 05/09-05/11

Comment:
Update: All three targets hit. Expecting a reversal from here.


Best,
Sirak Babayan
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