Bears Batter Bulls At 1.94617; Bearish Outlook $GBP $AUD #forex

This past April 21th, the Predictive/Forecasting Model churned out the following two qualitative targets:

1 - TG-Lo = 1.87545 - 21 APR 2015

and

2 - TG-Lox = 1.85918 - 21 APR 2015


A geometric overlay provides a visual reference to support above forecast, whereis a Point-4 pf a larger system may have completed a Double-Top with a preceding Point-2 of a lesser size geo.

As the lesser geo unfolded, structural analysis suggested a probable bearish entrenchment corresponding to the lesser geo's Point-4.

As this level was revisited, the integrality of the lesser geo remained intact, and the recent reversal prompted this chart, as well as the following complimentary social media share:


From Twitter/Linked-In:
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GBPAUD: Bears continue to interdict bulls at 1.94617 as forecast; Targets intact:



GBP AUD USD #BOE #RBA #forex
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David Alcindor
Predictive Analysis & Forecasting
Denver, Colorado - USA


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4xForecaster

LinkedIn:
David Alcindor
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