$NZD v. $USD - Full Geo Cycle Completion Eyed At 0.64974 | #kiwi
Friends,
Just as we hit all bearish #fibonacci-based targets in this chart (see "Linked To Related Ideas" below), we are now contemplating a rallying up to 0.64974, based on the Geo's Off-Set Rule, as price is expected to reverse course from an ectopic Point-5 completion as 5' to Point-4, the highest probability level of attainment.
Note that price is currently stompled at the convergence of the current Geo's 1-3 Line and the prior (ghosted in grey) Geo's 1-4 Line. This line represents a conservative signal level, although BACA > 3-5' was the first, most aggressive level of engagement for this long opp.
Best,
David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado - USA
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Twitter:
4xForecaster
LinkedIn:
David Alcindor
-----
NOTE: See how the recent geometry-based strategy, combined with simple Fibonacci targets allowed us to complete a successful trade, here:
Follow me on Tradingview.com (alias 4xForecaster) for recent and current analyses)
David Alcindor
Just as we hit all bearish #fibonacci-based targets in this chart (see "Linked To Related Ideas" below), we are now contemplating a rallying up to 0.64974, based on the Geo's Off-Set Rule, as price is expected to reverse course from an ectopic Point-5 completion as 5' to Point-4, the highest probability level of attainment.
Note that price is currently stompled at the convergence of the current Geo's 1-3 Line and the prior (ghosted in grey) Geo's 1-4 Line. This line represents a conservative signal level, although BACA > 3-5' was the first, most aggressive level of engagement for this long opp.
Best,
David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado - USA
-----
Twitter:
4xForecaster
LinkedIn:
David Alcindor
-----
NOTE: See how the recent geometry-based strategy, combined with simple Fibonacci targets allowed us to complete a successful trade, here:
Follow me on Tradingview.com (alias 4xForecaster) for recent and current analyses)
David Alcindor
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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.