4xForecaster

Target Hit Dead-On ... Still Bullish | $EUR $GBP $USD #ECB #BOE

Long
FX:EURGBP   Euro / British Pound
0
Friends,

This February 17th, I offered a predictive analysis that would define a few targets (here: www.tradingview.com/v/TbLq0Qep/), namely:

TG-1 = 0.83653 - 17 FEB 14, as a high-probability target

and

TG-2 = 0.84504 - 17 FEB 14, as a moderate-probability target.

At this point, TG-1 = 0.83653 - 17 FEB 14 got hit dead-on, that is right at the tip of its candle before a new candle printed.

Now what?

In that same analysis, we expected that price unwinding would occur, paced at a bullish expectation 0.382-Fib level, giving the market time to exhale a bit, but that is based on our own proprietary "Great White" background pattern, which carries a lesser probability value than our proprietary predictive analysis and forecasting strategy.


OVERALL:

TG-1 got hit dead-on; interim unwinding might occur with a continued bullish expectation as we eye TG-2 = 0.84504 as the residual pin to mash on the bowling lane (I don't even like bowling).

For your review, here are the recent EURGBP analyses:

1 - 2 -
Thank you for following me on Twitter under the @4xForecaster alias, and thank you kindly for your generous referrals to friends and colleagues

Cheers,


David Alcindor
TradingView.com Moderator, Alias: 4xForecaster
Predictive Analysis & Market Forecasting


PS: If you liked the analysis, feel free to give it a "Thumb Up" and pass of a friendly referral to friends interested in occult market mathematics and hidden geometries. All targets generated are defined by non-price means, and confirmed by either proprietary patterns (Euclid, Janus, Great White, Deep Shark), or other well known patterns. However, we concentrate mainly on Shark, 5-0 and occasional Bats, to complement our predictive analysis and forecasting - Cheers, David Alcindor.


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Alias: @4xForecaster
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Disclaimer: Forecasts, analyses and directional opinions generated herein are for educational purposes only and are not trading recommendations. We trust that you will do your own due diligence first, then seek professional advice from a licensed professional, then enter the market at your own perils - David Alcindor - TradingView.com Alias: 4xForecaster

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