Predictive Analysis/Forecasting | $USD $CAD #fed #BOC #forex

Bearish bias prevails at this point


PREDICTIVE/FORECASTING MODEL:

- Numerical Targets:

1 - TG-1 = 1.21656 - 25 FEB 2015
and
2 - TG-2 = 1.17984 - 25 FEB 2015


- Nominal Targets:

1 - TG-Lo = 1.15527 - 25 FEB 2015
and
2 - TG-Lox = 1.13517 - 25 FEB 2015


STRUCTURAL TRADING:

- Invalidation > 1.26965
- Strongest bearish resistance @ 1.26234 - See "Market Geo" next for expected rallying extent.


GEOMETRIC DEVELOPMENT:

- Potential WW with pending 5-wave expected as a Point-5-prime expression, rather than a conventional Point-5; Subsequent rallying would likely be capped at WW's Point-4 level, or 1.26620.

Expect a protracted, time-consumptive unfolding of price at this level, as EW's 4th wave is unfolding, respective of the "Rule Of Alternations".


OVERALL:

Bearish bias pending significant break of floor, which is not expected to occur until resolution of background advance geometry.

Stay tuned,


David Alcindor
Predictive Analysis & Forecasting
Denver, Colorado - USA


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