Geo-In-Geo Cycle Completion | $AUD $JPY #RBA #BOJ #aussie #yen

29 Feb 2016

SYNOPSIS:


GEO:

We return to this pair chart anew, looking at a geometric cycle completion of 2 Geo's:


In essence, a rally to the 1-4 Line of the Geo is called for, based on the concomitant completion of a Geo (Black) within a Geo (Blue).


CONDITIONS:

1 - AGGRESSIVE: Look for a slight retracement to the 78.619/78.139 range
-- INVALIDATION: BACA < 77.582

2 - CONSERVATIVE: A break out to the topside of the 77.582/82.428 range
-- CONFIRMATION: BACA > 82.428

3 - TARGETING the 1-4 Line for partial profit ... Consideration of the 1-3 Line validation off of Point-2 (top dashed line in faint blue) IF price remains above the BLUE 1-4 Line and below the BLACK 1-4 Line.


PREDICTIVE/FORECASTING MODEL:

Targets defined by Predictive/Forecasting Model are as follows:

1 - TG-Hi = 91.083 - 28 FEB 2016

AND

2 - TG-Hix = 92.808 - 28 FEB 2016

Note that both are Qual-Targets, so they offer a lesser probability of attainment compared to Quant-Targets, but would impart a great reversible power upon price - See more explanation on this methodology here:
- linkedin.com/pulse/predictiveforecasting-models-quant-target-versus-david-alcindor/


OVERALL:

Bullish outlook with invalidation level at 77.852, aggressive ("EAGLE") trigger at the 78.619/78.139 range, and conservative trigger at 82.428.

Best,

David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado, U.S.A.


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Twitter: 4xForecaster
Linked-In: David Alcindor
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2 Mar 2016

Catatan

02 MAR 2016 - Chart Update / Tech-Note:

Looking at the finer granular frame, here is a potential interplay of Geo and Elliott Wave's Triangle:


Best,

David Alcindor

14 Jun 2016

Catatan

14 UN 2016 - Chart Update:

Now that price has reached the lowest range and stalling into a narrow consolidation pattern, watch for structural highs being taken out:



Best,

David Alcindor, CMT Affiliate #227974
- Alias: 4xForecaster (Twitter)