Geo-In-Geo Cycle Completion | $AUD $JPY #RBA #BOJ #aussie #yen
SYNOPSIS:
GEO:
We return to this pair chart anew, looking at a geometric cycle completion of 2 Geo's:
In essence, a rally to the 1-4 Line of the Geo is called for, based on the concomitant completion of a Geo (Black) within a Geo (Blue).
CONDITIONS:
1 - AGGRESSIVE: Look for a slight retracement to the 78.619/78.139 range
-- INVALIDATION: BACA < 77.582
2 - CONSERVATIVE: A break out to the topside of the 77.582/82.428 range
-- CONFIRMATION: BACA > 82.428
3 - TARGETING the 1-4 Line for partial profit ... Consideration of the 1-3 Line validation off of Point-2 (top dashed line in faint blue) IF price remains above the BLUE 1-4 Line and below the BLACK 1-4 Line.
PREDICTIVE/FORECASTING MODEL:
Targets defined by Predictive/Forecasting Model are as follows:
1 - TG-Hi = 91.083 - 28 FEB 2016
AND
2 - TG-Hix = 92.808 - 28 FEB 2016
Note that both are Qual-Targets, so they offer a lesser probability of attainment compared to Quant-Targets, but would impart a great reversible power upon price - See more explanation on this methodology here:
- www.linkedin.com/pul...rsus-david-alcindor/
OVERALL:
Bullish outlook with invalidation level at 77.852, aggressive ("EAGLE") trigger at the 78.619/78.139 range, and conservative trigger at 82.428.
Best,
David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado, U.S.A.
-----
Twitter: @4xForecaster
Linked-In: David Alcindor
TradingView: 4xForecaster
-----
.
GEO:
We return to this pair chart anew, looking at a geometric cycle completion of 2 Geo's:
In essence, a rally to the 1-4 Line of the Geo is called for, based on the concomitant completion of a Geo (Black) within a Geo (Blue).
CONDITIONS:
1 - AGGRESSIVE: Look for a slight retracement to the 78.619/78.139 range
-- INVALIDATION: BACA < 77.582
2 - CONSERVATIVE: A break out to the topside of the 77.582/82.428 range
-- CONFIRMATION: BACA > 82.428
3 - TARGETING the 1-4 Line for partial profit ... Consideration of the 1-3 Line validation off of Point-2 (top dashed line in faint blue) IF price remains above the BLUE 1-4 Line and below the BLACK 1-4 Line.
PREDICTIVE/FORECASTING MODEL:
Targets defined by Predictive/Forecasting Model are as follows:
1 - TG-Hi = 91.083 - 28 FEB 2016
AND
2 - TG-Hix = 92.808 - 28 FEB 2016
Note that both are Qual-Targets, so they offer a lesser probability of attainment compared to Quant-Targets, but would impart a great reversible power upon price - See more explanation on this methodology here:
- www.linkedin.com/pul...rsus-david-alcindor/
OVERALL:
Bullish outlook with invalidation level at 77.852, aggressive ("EAGLE") trigger at the 78.619/78.139 range, and conservative trigger at 82.428.
Best,
David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado, U.S.A.
-----
Twitter: @4xForecaster
Linked-In: David Alcindor
TradingView: 4xForecaster
-----
.
Commentaire:
14 UN 2016 - Chart Update:
Now that price has reached the lowest range and stalling into a narrow consolidation pattern, watch for structural highs being taken out:
Best,
David Alcindor, CMT Affiliate #227974
- Alias: 4xForecaster (Twitter)
Now that price has reached the lowest range and stalling into a narrow consolidation pattern, watch for structural highs being taken out:
Best,
David Alcindor, CMT Affiliate #227974
- Alias: 4xForecaster (Twitter)
Looking at the finer granular frame, here is a potential interplay of Geo and Elliott Wave's Triangle:
Best,
David Alcindor