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4xForecaster
Jan 24, 2014 7:14 PM

New Target Low ... Eyeing 7791 

IBEX 35 index of Spanish listed sharesFXCM

Description

Here is a new target release for the IBEX35, eyeing 7791, setting the target quite low. Last time we made such a far-fetched predictive analysis, we hit the USDollar index on the nose (see that analysis here: on.fb.me/19Pf77y). Also, another far-fetched call was on the #AUDUSD, where we gorged on 643 pips (see that analysis here: on.fb.me/1kDHbdB).

So, let's see whether we can nail that one too.

Cheers,
Comments
vaicru
H&S ?
4xForecaster
Hello @vaicru - Yes, a H&S could fit snugly in there if you use the conventional head/neck projection downwards. Cheer, David
vaicru
H&S denied ?
4xForecaster
Yes, the H&S failed its expected symmetry.
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