4xForecaster
Short

$CAD v $CHF - Geo Eyes 0.74965 | #BOC #SNB #Loonie #franc #Forex

FX:CADCHF   Canadian Dollar/Swiss Franc
1461 9 21
a year ago
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:

snapshot


Per Geo's Off-Set Rule #3, a high-probability target is defined at the 0.74965/0.74888 range.

Best,


David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado - USA


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a year ago
Comment: 19 NOV 2015 - Chart Update / Tech-Note:

In case you are into these kinky things, here is a perfect alignment ... Reciprocal ab = cd symmetry equals Predictive/Forecasting Model's target:

snapshot


David Alcindor
a year ago
Comment: 26 NOV 2015 - Chart Update / Tech-Note: * * * TARGET-HIT * * *

snapshot


Expecting a reversal near 0.77166 ... Consider a 1.414 of 1.414-FE SL.

David Alcindor
a year ago
Comment: ADDENDUM - Reversal from 0.77166 would probably seek a minimal reversal to 0.74272, or at the 0.386-Fib handle:

snapshot


David Alcindor
a year ago
Comment: TECHNICAL ADDENDUM:

A Stop-Loss defined as a 1.414 of 1.414-FE would defined this illustrated level:

snapshot


David Alcindor
a year ago
Comment: 27 NOV 2015 - Chart Update / Tech-Note:

The pink line refers to the 1.414 of 1. 414-FE ... Price is currently receding from there:

snapshot


David Alcindor
11 months ago
Comment: 29 DEC 2015 - Chart update / Tech-Note:

$CADCHF reversed from 5'', hit Geo's Rule #3 target. Now 0.70395 pending:

snapshot


$CAD $CCHF #BOC #SNB #loonie #franc

Best,


David Alcindor
11 months ago
Comment: 07 JAN 2015 - Target Hit:

snapshot


Best,


David Alcindor
10 months ago
Comment: 26 JAN 2016 - Chart Update / Tech-Note:

Here is an update on this pair, using a DAILY view:
snapshot



David Alcindor
10 months ago
Comment: 26 JAN 2016 - Chart Update / Tech-Note:

* * * Typo = Prior entry date should read "24 JAN 2016", and not 26 JAN 2016 * * *
10 months ago
Comment: 26 JAN 2016 - Chart Update / Tech-Note:

Price rose to 0.72587 as forecast retraced, no receding from that structural level ... Still expecting price to follow dashed forecast ... 0.68480 remains the lowest expected support, although a reversal to the UP-side at a higher level remains probable. So, use these parameters as R/S levels:
snapshot


Overall targets remains intact.


David Alcindor


David Alcindor
10 months ago
Comment: 02 FEB 2016 - Chart Update / Tech-Note:

Forecast remains true and precise, with a recent consolidation occurring along the 1-4 Line as expected.

Predictive/Forecasting Model calls for a limited decline before another push. Expect this to represent a time-consumptive event, as pre-defined by the dashed arrow.

Best practice would be to wait for a BACA > 0.72587 as a signal of bullish reprise towards the bullish targets:

snapshot


Best,


David Alcindor
David Alcindor, CMT Affiliate #227974
Alias: 4xForecaster (Twitter, LinkedIn, StockTwits)

Signal Service or Private Course - Contact: admin@KADAInstitute.com
All updates on https://twitter.com/4xForecaster
abail
11 months ago
Can this target along with the point a (of the ab=cd structure) be considered a double bottom in a longer time frame chart?
+1 Reply
4xForecaster PRO abail
11 months ago
Hello @abail - What longer timeframe are you referring to? Feel free to post a chart - David
+1 Reply
abail 4xForecaster
11 months ago
sorry David, my confusionI was just solely looking at your update not the primary chart. What is your opinion on what is coming up? more down?
+1 Reply
4xForecaster PRO abail
11 months ago
@abail - Is this potential geometric development making sense to you?

What it does in terms of Elliott Wave principle is to complete a 5-wave impulse to the downside, in which a triangle is the terminating expression of this overall move. This is what I am expecting out of the current development.

David
+2 Reply
4xForecaster PRO 4xForecaster
11 months ago
@abail - f you are referring to the bottom from recent Point-a in the frame, then yes, this is by definition a double-bottom. However, a larger context is best to consider. For instance, in the same timeframe, this would represent a triple-bot:
snapshot


One may also extend support lines and see that a gentle slope might offer its own support (one that I would favor):
snapshot


One way to rationalize this possible "slope" expectation is to look at recent price action and perhaps appreciate that a potential geometry is also developing:
snapshot


Best,

David Alcindor
+3 Reply
abail 4xForecaster
11 months ago
Thank you so much for your clarification.
+1 Reply
4xForecaster PRO abail
11 months ago
You are very welcome.

David
+1 Reply
Yahia.Awes
10 months ago
Quality work!
+1 Reply
4xForecaster PRO Yahia.Awes
10 months ago
Thank you @Yahia.Awes, much appreciated - David Alcindor
Reply
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