4xForecaster

Model Eyes 0.6804; Wolfe Wave Completes | $AUD #gold #Forex #RBA

Short
4xForecaster Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
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 Predictive/Forecasting Model's range.


ELLIOTT WAVE GEOMETRY:

Elliott Wave Triangle appears to form. A typically counter-rally occurs at/near its terminal Point-E.


OVERALL:
- BEARISH
- Greatest support at 0.68037

Best,


David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado - USA


-----
Twitter: @4xForecaster
LinkedIn: David Alcindor
TradingView: 4xForecaster
-----


.
Comment:
02 FEB 2016 - Chart Update / Tech-Note:

Althought eh EW price geometry did not complete, price rolled as forecast upon cue of the Wolfe Wave completion.

Look for a 1-4 Line validation as a high-probability target, aligned with the Predictive/Forecasting model's targets.


Best,


David Alcindor
Comment:
05 FEB 2016 - Chart Update / Tech-Note:

5' validation calls for Geo's Rule #2 application:

Best,

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.