SYNOPSIS: PRICE ANALYSIS: 1 - Dominant trend remains bearish in DAILY chart - See larger scale analysis here: bit.ly 2 - This 4-HOUR chart highlights circumstantial technical evidence of an interim rally: -- First bullish failure sets price into a descending series of 0.386-Fibonacci retracements -- Last retracement represents a higher-order of Fibonacci...
SYNOPSIS: A long silence here on $BTC #BitStamp, as the Geo completes an imperfect 5-prime (see parallel lines validation at 5') - Per Geo's Off-Set Rule #2, this 5-prime definition called for a rally with a HIGH probability target corresponding to the price level of Point-4. Turns out, this is exactly what price did, as it rallied from 5' but failed to continue...
Friends, Oil has been in a downfall over the past several weeks, based on a variety of fundamental opinions, be it geo-strategically, cyclically or economically driven. GEOMETRY: Technically speaking, since mid-July 2014, price resolved itself out of a geometry following a protracted sideways defined by the A-B-C-D-E points. From July 14th to August 04th,...
TECHNICAL SYNOPSIS: 1 - Predictive/Forecasting Model defines 20780 as critical high/High-prob. reversal level 2 - Technical analysis would define 20961 as probable resistance level based on June 1997 and April 2000 structural level and last month's failure to break above same level. 3 - Current bar carves out a lower-low relative to last month's bar Net Bias =...
SYNOPSIS : PREDICTIVE/FORECASTING MODEL: - Bullish - Top-most target = 307.50 MARKET GEOMETRY: - Internal reciprocal ab = cd symmetry - Geometry aligns with Model's 307.50 GEO: - Probable price attainment = 1-3 Line - Invalidation occurs < 165.57 OVERALL: - Bullish outlook - Invalidation if and once price BACA < 165.57 Best, David...
QUICK ANALYSIS: As per recent analyses in $USD major and minor crosses, the unanimous technical voice speaks of a decline in the US Dollar. It would take invalidation events in all of these charts (see today's analyses in $NZDUSD, $USDCAD, $USDCHF $USDMXN, $USDNOK, $USDZAR, as well as $XAUUSD and #USDollar charts where a variety of technical points are tending...
SYNOPSIS: PREDICTIVE/FORECASTING MODEL: Predictive/Forecasting Model remains intent on the following bearish targets, as defined this past October, 2015: 1 - TG-Lo = 0.68691 - 27 OCT 2015 AND 2 - TG-Lox = 0.68037 - 27 OCT 2015 MARKET GEOMETRY: On a geometric basis, a Wolfe Wave (www.WolfeWave.com) completes, with its 1-4 Line pending within the...
SYNOPSIS: GEO ANALYSIS: Geo demands a set of internal geometric rules that have been met so far: 1 - The 1-2 Line forms a simple reciprocal ab = cd symmetry, or a simple Elliott Wave zig-zag (ZZ): Here, the 04-1995 to 08-1998 span offers a) An internal ab = cd correction and b) a near-perfect symmetry of this geometric reciprocity. 2 - The 2-3 Line is the...
SYNOPSIS: Predictive/Forecasting Model sees reversal at 97.11 Geo's Off-Set Rule #3 sees support at 46.85 Interim Bullish support expected at 66.60 Best, David Alcindor Predictive Analysis & Forecasting Durango, CO - USA Twitter: @4xForecaster Linked-In: David Alcindor TradingView: www.tradingview.com .
Friends, A Wolfe Wave completed its fifth and last plot at Point-5. This offers a high-probability reversal with this geometry's 1-4 Line a probable level of attainment (along grey dotted line). Alternatively, a high-probability target is offered through the Geo's use of its internal "Geo-Anchoring" (green star points to the best-fit anchor point along the...
SYNOPSIS: Probable interim limited decline (i.e.: higher-low) at or along 2-4 Line (Point-4 remains unconfirmed). Longer term sees completion of geometry at Point-5. Consider Wolfe Wave if price reverses from Point-5 to 1-4 Line - If adverse excursion occurs along the 3-5-prime (5') Line, apply Geo's Off-Set Rule #3. Chart updates and technical notes...
Friends, While bulls are attempting to gore through a significant bearish entrenchment at 201.65, the possibility of a pullback to the predictive model's worst-case scenario level remains a fair plausibility - This level is defined as: - TG-x = 134.86 - 13 JAN 2015 Combined against an expected advance is an overhead resistance projecting from the most recent...
QUICK ANALYSIS: ( ... This is all educational, not a trade recommendation ... ) First, thank you to @fmg for this timely request in the $CAD/Predictive Room. Second, here is a potential Geo completion at its 5'' position ... Predictive/Forecasting Model recommends waiting pending 0.76940: Per Geo's Off-Set Rule #3, a high-probability target is defined at the...
Friends, As the prior DAILY chart reached its lowly targets, price fell to Predictive/Forecasting Model's "Watch Line", an indicator that daily frame action had ceded control to higher timeframe. Based on same Model's formula, we are thus turning to the 4th degree higher frame: Weekly. QUICK ANALYSIS: - Predictive/Forecasting Model: In essence, the...
QUICK ANALYSIS - This is an educational trade ("Edu-Trade"), so do the due and cover your assets responsibly. Entry at 1.09405 = "House-Cleaning" (Prop Pattern) Stop-Loss at prior structural top = 1.13471 Targets based on Predictive/Forecasting Model: 1 - TG-1 = 1.05072 - 17 AUG 2015 2 - TG-Lo = 1.02807 - 17 AUG 2015 AND 3 - TG-Lox = 1.01341 - 17 AUG...
Friends, Just as #bitstamp rallies, it remains unable to break above a significant 275.00/295.89 threashold, best appreciated on a WEEKLY chart, as follows: A large geometry has outlined a Wolfe Wave completion at its Point-5 back on 12 JAN 2015, cratering a nadir at 152.40. However, a rallying from that candle has remained limp and lingering, allowing...
Friends, This pair was been quite responsive to the Predictive/Forecasting Model on both large and smaller scale - Although, this there has been only two prior predictive analysis and forecasting - Following are two of these forecasts: $USDSEK - Short-Term Target ... Hit. bit.ly $USDSEK - Mid-Term Target ... Hit. bit.ly FORECASTING THE HOURLY FRAME: This...
QUICK ANALYSIS: Prior analysis released this past May 2015 is replaced by this update. Following defines and explains the Predictive/Forecasting Model's targets, as well as the "Geo": PREDICTIVE/FORECASTING MODEL: The following targets are defined by the Predictive/Forecasting Model as: 1 - TG-2 = 849.0 - 13 NOV 2015 - This is a quantitative target...