4xForecaster

$AUD vs. $NZD Completes Geo At 5; Bullish #forex #RBA #RBNZ

Long
FX:AUDCHF   Australian Dollar / Swiss Franc
Hello friends,

As a continuation to a glacier-paced trade from 22 JAN 2015, we are following the development of $AUDNZD's price action. Of late, a Wolfe Wave completed. Taking an alternate angle on the geometry by using the "Geo-Anchor" as a reference point to define the 1-4 Line, we are now looking at a potential target as defined in the following chart, below:




Overall, the background geometry is offering a probable rallying, against the predefined targets that were defined from a prior analysis (See: "EAGLE Trade Potential" here:
While the primary numerical target ("TG-1") has already been hit, the following targets remain pending:

1 - TG-2 - 0.77643 - 22 JAN 2015 - Quant-Target: High Probability

2 - TG-Hi = 0.79946 - 22 JAN 2015 - Qual-Target: Moderate Probability

and

3 - TG-Hix = 0.81815 - 22 JAN 2015 - Qual-Target: Lower Probability

4 - 0.83395 - 25 FEB 2015 represents a limit conversion level: If attained, analysis would require consideration of a higher timeframe in the order of 4 times its basis (If M15 level, then H1; If H1, then H4; If H4, then Daily; If daily, then weekly; and if weekly, then monthly).


Best,


David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado - USA


-----
Twitter:
@4xForecaster

LinkedIn:
David Alcindor
-----


.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.