$AUD v $NZD - Edu-Trade: Short @1.09405 | #aussie #kiwi #Forex
QUICK ANALYSIS - This is an educational trade ("Edu-Trade"), so do the due and cover your assets responsibly.
Entry at 1.09405 = "House-Cleaning" (Prop Pattern)
Stop-Loss at prior structural top = 1.13471
Targets based on Predictive/Forecasting Model:
1 - TG-1 = 1.05072 - 17 AUG 2015
2 - TG-Lo = 1.02807 - 17 AUG 2015
AND
3 - TG-Lox = 1.01341 - 17 AUG 2015.
Note that TG-1 has already been hit based on analysis released this summer (See link below: "
AUDNZD - LESSON: Geo Roots ... ") for a detail of the analysis.
Note also that a prior analysis was released with a lower TG-Lo, which belonged to a different timeframe ... We will get that that one with some revision if and once price gets to the Watch Line ("WL") line.
Best,
David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado - USA
----- Follow me on ...
Twitter: 4xForecaster
Linked-In: David Alcindor
TradingView: TradingView.com/u/4xforecaster
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Entry at 1.09405 = "House-Cleaning" (Prop Pattern)
Stop-Loss at prior structural top = 1.13471
Targets based on Predictive/Forecasting Model:
1 - TG-1 = 1.05072 - 17 AUG 2015
2 - TG-Lo = 1.02807 - 17 AUG 2015
AND
3 - TG-Lox = 1.01341 - 17 AUG 2015.
Note that TG-1 has already been hit based on analysis released this summer (See link below: "
AUDNZD - LESSON: Geo Roots ... ") for a detail of the analysis. Note also that a prior analysis was released with a lower TG-Lo, which belonged to a different timeframe ... We will get that that one with some revision if and once price gets to the Watch Line ("WL") line.
Best,
David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado - USA
----- Follow me on ...
Twitter: 4xForecaster
Linked-In: David Alcindor
TradingView: TradingView.com/u/4xforecaster
-----
.
Note
17 NOV 2015 - Chart Update / Tech-Note:Price draws out a potential Geo:
David Alcindor
Note
... ADDENDUM ... Here is how the Geo appears in the 4-hour chart:David Alcindor
Note
17 NOV 2015 - Chart Update / Tech-Note:A break below the 1-3 Line would open floor to a bearish momentum:
David Alcindor
Note
17 NOV 2015 - Chart Update / Tech-Note:Price tests 1-3 Line ... Not BACA yet:
David Alcindor
Note
17 NOV 2015 - Chart Update:David Alcindor
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19 NOV 2015 - Chart Update / Tech-Note:As we are looking at a mechanism of descent, consider this potential geometry and R/S levels:
David Alcindor
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19 NOV 2015 - Chart Update / Tech-Note:Price moved as forecast, hit upper range and receded ... Bearish:
David Alcindor
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19 NOV 2015 - Chart Update:David Alcindor
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19 NOV 2015 - Chart Update / Tech-Note:Prior target now acting as R/S level, as price fell per forecast ... Bearish:
David Alcindor
Note
08 JAN 2016 - Chart Update / Tech-Note:As price continues to carve lower lows, here is a Wolfe Wave completion:
At this point, I would keep an eye on the H4 and daily timeframes, since lower targets remain unanswered.
David Alcindor
Note
19 JAN 2016 - Chart Update / Tech-Note: Simple internal geometries - expressed as reciprocal ab = cd symmetries - are pointing to both bearish targets.
David Alcindor
Note
01 MAR 2016 - Chart Update / Tech-Note:Watch for this potential development ... Point-4 is typically "loose", so use your technical tolls to discern any reversal signals:
Best,
David Alcindor
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.