4xForecaster

$AUD v $NZD - Edu-Trade: Short @1.09405 | #aussie #kiwi #Forex

Short
4xForecaster Updated   
FX:AUDNZD   Australian Dollar / New Zealand Dollar
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 2015.

Note that TG-1 has already been hit based on analysis released this summer (See link below: "$AUDNZD - LESSON: Geo Roots ... ") for a detail of the analysis.

Note also that a prior analysis was released with a lower TG-Lo, which belonged to a different timeframe ... We will get that that one with some revision if and once price gets to the Watch Line ("WL") line.

Best,

David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado - USA


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Comment:
17 NOV 2015 - Chart Update / Tech-Note:

Price draws out a potential Geo:


David Alcindor
Comment:
... ADDENDUM ... Here is how the Geo appears in the 4-hour chart:


David Alcindor
Comment:
17 NOV 2015 - Chart Update / Tech-Note:

A break below the 1-3 Line would open floor to a bearish momentum:


David Alcindor
Comment:
17 NOV 2015 - Chart Update / Tech-Note:

Price tests 1-3 Line ... Not BACA yet:


David Alcindor
Comment:
17 NOV 2015 - Chart Update:


David Alcindor
Comment:
19 NOV 2015 - Chart Update / Tech-Note:

As we are looking at a mechanism of descent, consider this potential geometry and R/S levels:


David Alcindor
Comment:
19 NOV 2015 - Chart Update / Tech-Note:

Price moved as forecast, hit upper range and receded ... Bearish:


David Alcindor
Comment:
19 NOV 2015 - Chart Update:


David Alcindor
Comment:
19 NOV 2015 - Chart Update / Tech-Note:

Prior target now acting as R/S level, as price fell per forecast ... Bearish:


David Alcindor
Comment:
08 JAN 2016 - Chart Update / Tech-Note:

As price continues to carve lower lows, here is a Wolfe Wave completion:

At this point, I would keep an eye on the H4 and daily timeframes, since lower targets remain unanswered.

David Alcindor
Comment:
19 JAN 2016 - Chart Update / Tech-Note:

Simple internal geometries - expressed as reciprocal ab = cd symmetries - are pointing to both bearish targets.


David Alcindor
Comment:
01 MAR 2016 - Chart Update / Tech-Note:

Watch for this potential development ... Point-4 is typically "loose", so use your technical tolls to discern any reversal signals:

Best,

David Alcindor

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