Friends, Here is a probable bear per predictive/forecasting model, eyeing the following set of numerical and nominal targets: PREDICTIVE ANALYSIS/FORECASTING: 1 - TG-1 = 1.50074 - 22 JAN 2015 2 - TG-Lo = 1.49429 - 22 JAN 2015 and 3 - TG-Lox = 1.48907 - 22 JAN 2015 ADVANCED PATTERN ANALYSIS: Note that the current background geometry consists of a...
Watch for a potential rally off of 0.68893. Following are speculative forecast (i.e.: If model was forced to commit to bullish outlook), yielding the following targets: NUMERICAL TARGETS: 1 - TG-1 - 0.75064 - 22 JAN 2015 and 2 - TG-2 - 0.77643 - 22 JAN 2015 NOMINAL TARGETS: 1 - TG-Hi = 0.79946 - 22 JAN 2015 and 2 - TG-Hix = 0.81815 - 22 JAN 2015...
(this is a re-posting of a reply to traders in #bitcoin who asked that I explain the recent tweet - I decided to fully expand the explanation into a technical lesson) Please, refer to the following link for the original analysis.forecasting - This page will remain a place for questions on technical analysis, if you do not mind. - www.tradingview.com Lesson...
Friends, Here is an equal-weigh composite view of LTCBTC, expressed as the average of the BTCe and BitFinex exchanges. The interest here is to decipher internal strength of both exchanges against the $BTCUSD. PREDICTIVE ANALYSIS & FORECASTING: Predictive/forecasting model defined the following bearish targets: 1 - TG-Lo - 0.00291 - 10 JAN 2015 and 2 -...
* * * LTCBTC / BitFinex * * * Friends, Please, refer to this chart as a reference to the composite $LTCBTC coming up shortly - Please, only post comments on the upcoming composite chart, although thumbs up are appreciated anywhere. Very much appreciating your readership and support, David Alcindor Predictive Analysis & Forecasting Denver, Colorado -...
* * * LTCBTC / BTCe * * * Friends, Please, refer to this chart as a reference to the composite $LTCBTC coming up shortly - Please, only post comments on the upcoming composite chart, although thumbs up are appreciated anywhere. Very much appreciating your readership and support, David Alcindor Predictive Analysis & Forecasting Denver, Colorado - USA...
Friends, Watch for a possible M15 level bounce to levels defined by predictive/forecasting model as: 1 - TG-1 - 181.397 - 08 JAN 2015 2 - TG-2 - 182.263 - 08 JAN 2015 3 - TG-Hi - 183.026 - 08 JAN 2015 4 - TG-x - 183.651 - 08 JAN 2015 A fifth target is defined as: TG-Lo - 180.019 - 08 JAN 2015 This TG-Lo would in fact act as a possible springboard IF...
Friends, Price rallied significantly against market expectation, but remained subdued to market geometry. Dominant geometries here are Elliott Wave's Ending Diagonal ("ED") vs. Bill Wolfe's Wolfe Waves ("WW") patterns, both forming at the tipping-end of a multi-month bearish swing. INSTITUTIONAL BEARS There are 3 major banks that have taken bearish...
Target from 27 OCT 2014 defined as target-extreme at 79.81 was finally hit with a significant doji. A decline from this level suggest a probable rallying in $XAG pricing relative to $XAU. LOOKING AT IT FROM THE $XAUUSD PERSPECTIVE: In this following $XAU 4-hour chart, price did reach the predictive extreme bearish target, and managed to carve structural lows....
SYNOPSIS: Potential Reversal - Condition: 115.551 failure - Opens to: 1 - TG-Lo =104.750 - 05 JAN 2015 and 2 - TG-x =101.493 - 05 JAN 2015 Structural Relevance applies to latter ("TG-x =101.493 - 05 JAN 2015") (Note that separate analysis on the UDX and USDollar index were denounced as potential bearish reversal contenders per predictive model - See...
Traders, As you may recall, a few days ago, I posted a DAILY chart of the USDollar index, in which the model defined a top-most target ("TG-x") at 11474 - See this chart and analysis here: . While price did hit that target and has since weaved a near-symmetrical consolidation pattern around this forecast level, I thought it prudent to look at that level with...
PREDICTIVEFORECASTING MODEL: High-probability reversal at nominal target, TG-Lo - TG-Lo = 1.53512 - 24 DEC 2014 AND - TG-Hi = 1.92219 - 24 DEC 2014 Above predictive data correlates with following standard technicals: 1 - L/T trendline support 2 - Narrow R/S band ("Bullish Entrenchment") 3 - Taut RSI in historical bullish trigger-reversal...
Friends, As you may recall, a recent predictive analysis/forecasting was released for this same $NZDJPY pair, pertaining to a higher timeframe (4-hour - See link below). Fundamental analysis remains intact here regarding the $NZD. PREDICTIVE/FORECASTING MODEL: Looking at the internal activity of the aforementioned 4-Hour chart, I applied the...
PREDICTIVE/FORECASTING TARGET: High-Probility Reversal at: - TG-Lo = 0.80821 - 22 DEC 2014 = Predictive/Forecasting Model TECHNICAL SUPPORT: - Target comes in alignment with a historical R/S level in WEEKLY chart - Fibonacci-paced retracement at 0.382 provides close-approximation with overhead structure at 0.86591 CHART ACTIVITY CORRELATIONS: GOLD:...
PREDICTIVE ANALYSIS/FORECASTING: - TG-Lo = 1.49 - 17 DEC 2014: Low-Prob Attainment, High-Prob Reversal - TG-x = 0.83 - 17 DEC 2014: Extreme Target/Invalidation level if breached - Bearish Entrenchment: 21.16/23.08 range FIBONACCI: - 0.618-Fib retracement at 22.81 into bearish predictive model's entrenchment ELLIOTT WAVE: - Point-2 results from a...
BEST-CASE SCENARIO - TRADE PROFILE (BCS): - Stop = 2.00651 - Entry = 2.01034 - Limit = 2.07432 - RR = 16.7:1 Further interim decline is expected, down to a probable 2.00913 support, defining a low-exposure entry point against a shallow Stop. Limit is defined based on ideal technical circumstance, where a near-perfect combination of alignment between...
PATTERN PROFILE: Bill Wolfe's Wolfe Waves Pattern - Completed Target = 1-4 Line ("Take-Profit" Line) Trigger = 2-4 Line R/S action/reaction SL = 1232.55 PREDICTIVE/FORECASTING MODEL: - Future R/S Levels: 1177.42 and 1165.85 - High-Prob Reversal: TG-1 = 1153.76 - 11 DEC 2014 INVALIDATION: BACA > 1232.55 ------------------------- Note: Recent analysis...
Traders, Sorry for this late entry. Analysis originates from early December - Please, ignore TG-1 hit to keep it honest. Here is what I posted as a retrospective commentary on the "Predictive Analysis?Forecasting" chatroom today - I hope this makes things right by you: =============================== * * * 10 DEC 2014 * * * - H4:I thought I saved this chart...