These are the results of Wk42 Forex Forecast posted 7 days ago.
- Panagiotis Diamantopoulos

- Oct 19
- 2 min read
These are the results of Wk42's forecast - Not Bad, speed index and Plutus did the job again, you just need to know how to read them.
EURUSD It looks like accumulation - This is a classic Lesson 15 trade - Fast Down 2.2F , then a PU wave with a 5.3 SI and then a PL signal breaking AVWAP. I wating for it maybe to come back to AVWAP and then Go Long (ideally with another Plutus Long Signal)

After - as previous mentioned enter on AVWAP pull back and put my stop below support and target on 50 Fib, almost 1:3 RR

EURCAD - Similar to previous - it looks like accumulation - 1st Push UP with 5.5S si, largest up volume wave after a while, Fake fast down with 1,8F si on support level and up go. I think it will continue.

After - As forecasted similar to EURUSD

EURAUD - This week we had a classic Spring did not show up with a WS but with PRL. Marked down waves were accumulation , then a Fake break on Support with 2.0F si and a few waves later explosion afte the PRL singnal breaking resistansce. I think price will test and continue upwards.

After - Eventhough the forecast was correct price did pulled back more than I expected to Fib and hit my stop.

NZDUSD - NZD could be coming back on the long side. This is the largest down wave right on a major Fib. I placed my AVWAP and I am monitoring for a possible Lesson 15 Long - no entries yet, it has to cross upwards and then pull back otherwise nothing is confirmed.

After - Lesson 15 never confirmed - therefore there was no Long entry

USDJPY - Possible Short here , I am waiting for the pull back to AVWAP and a Plutus Short signal.

After - Lesson 15 did confirm with a PS Short and this is were I have entered Short - price reached to Fib area 206 pips.

Not bad for the week!
Enjoy!


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