EWATSS® Elliott Wave Analysis and Trade Selection Trading System
- Forecasting a likely target is a combination of art and mathematics. Such likely targets can never always be precise and one should adopt an open flexible approach.
- There are some methods which may indicate high-probability target zones.
- One may use a combination of methods based on Fibonacci ratios, Gann Angles, Gann Boxes, Pivots, time and prices clusters etc. to estimate likely high-probability price and time target zones.
- However, like everybody else, no one can always right to the last pip.
- All such target forecasts should always be treated as likely price target zones and as purely indicative and with a sense of amusement, wonder, caution and also appreciation of brilliant people who have provided us with such estimation techniques over the years.
Best wishes.
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