$USD v $ZAR - Potential Reversal At 13.91 - #rand #forex $USDZAR
QUICK ANALYSIS:
1 - Internal reciprocal ab = cd symmetry points to 12.9022:
2 - Nascent Geo:
3 - Elliott Wave Contracting Triangle:
4 - Predictive Analysis & Forecasting Model defines the following bearish targets:
-- TG-1 = 12.94603 - 16 SEP 2015
-- TG-Lo = 12.68373 - 16 SEP 2015
--TG-Lox = 12.51395 - 16 SEP 2015
Invalidation would occur if and once price broke above the price level of Point-2, corresponding to the tip-top reversal I had provided this 28st September, 28th, 2015 (see prior predictive analysis & forecasting here: bit.ly/1MXjz1m ).
5 - This is one of the many pattern for which on-going pre-publishing analyses are occurring in the discussion rooms I have created. Feel free to follow pre-publishing analyses on Forex, stocks, indices and commodities.
Best,
David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado - USA
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Twitter: 4xForecaster
Linked-In: David Alcindor
TradingView: TradingView.com/u/4xforecaster
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1 - Internal reciprocal ab = cd symmetry points to 12.9022:
2 - Nascent Geo:
3 - Elliott Wave Contracting Triangle:
4 - Predictive Analysis & Forecasting Model defines the following bearish targets:
-- TG-1 = 12.94603 - 16 SEP 2015
-- TG-Lo = 12.68373 - 16 SEP 2015
--TG-Lox = 12.51395 - 16 SEP 2015
Invalidation would occur if and once price broke above the price level of Point-2, corresponding to the tip-top reversal I had provided this 28st September, 28th, 2015 (see prior predictive analysis & forecasting here: bit.ly/1MXjz1m ).
5 - This is one of the many pattern for which on-going pre-publishing analyses are occurring in the discussion rooms I have created. Feel free to follow pre-publishing analyses on Forex, stocks, indices and commodities.
Best,
David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado - USA
-----
Twitter: 4xForecaster
Linked-In: David Alcindor
TradingView: TradingView.com/u/4xforecaster
-----
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Note
02 NOV 2015 - Chart Update / Tech-Note:Price continues to decline from forecast target; Bearish targets remain intact and in force:
David Alcindor
Note
07 NOV 2015 - Chart Update / Tech-Note:The foreground's Predictive/Forecasting Model's targets remain intact and in force. However, the background geometry will need to be re-evaluated - I will wait for price to complete the current bullish motive wave and see whether a correction is developing. This would likely be the development of a the anticipated reversal:
David Alcindor
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.
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.