Potential Rallying; Predictive Model Eyes Bullish Targets #forex

4 thg 6, 2015

Friends,


PREDICTIVE/FORECASTING MODEL:

Predictive/Forecasting Model eyes the following BULLISH targets:

1 - TG-Hi = 6.5473 - 04 JUN 2015

and

2 - TG-Hix = 6.6721 - 04 JUN 2015






MARKET GEOMETRY:

A break > Point-3 of the background geometry would still see significant resistance to any advance, with a Wolfe Wave / Geo. potentially illustrating the change of a push back. If this occurred at Point-5, then a temporizing decline could occur down along the 1-4 Line. However, based on Geo's Off-Set Rule, a rallying significantly above Point-5 (exacting Point-5') would likely limit such pull back to the level of price Point-4 (circa 6.187).


MOMENTAL LINES:

Note the dominant lines throughout the chart, which form significant dynamic price-pacing supports and resistance. These are likely to play a role in the nascent geometry, as well as subsequent price advances.


OVERALL:

Bulls have defended their territory at the 6.187 level. This level may be temporarily violated, but invalidation of above analysis should come if and once price breaks-below/closes below Point-2 of the geometry, circa 6.1100.

Best,


David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado - USA


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16 thg 9, 2017

Ghi chú

UPDATE - USDCNY/2D - 16 SEP 2017:

All bullish targets HIT:



David Alcindor