4xForecaster

All Bullish Targets Hit | $EUR $USD $USDX #ECB #Forex

FX:EURUSD   Euro/U.S. Dollar
438 5 5
Friends,

At this point, we finally hit ALL forecast targets that were defined initially on February 15th, and of late, March 05th, 2014.

Following is a review of the prior analyses and forecast defining all targets:

1 - Replay here before all targets getting hit:
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Update: Bullish Forecast Reinforced | $EUR $USD $UDX #Forex


2 - Last analysis here:
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Update: Second Target Hit | $EUR $USD $USDX



OVERALL:

For the time being, we will sit on the side and see what unfolds before considering any further exposure, heece the "Neutral" ticker. Hope you enjoyed this forecast.

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

Signal Service or Private Course - Contact: MarketPredictiveAnalysis@gmail.com
All updates on https://twitter.com/4xForecaster
NOTE: More signals, more analyses. More forecasts coming ...

Feel free to share my Twitter alias:

@4xForecaster


Thank you for your kind Twitter support and friendly referral through colleagues and friends.

Cheers!

David Alcindor
Predictive Analysis &Forecasting

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- All signals, analyses and forecasts are for educational purposes. Do your own due diligence. Use TradingChart.com to share your analyses with me or friendly traders on the site.
Reply
20 MAR 2014 - Chart Update:

Looking at this aftermath, our original targets were all hit, and the penultimate "TG-Hi - 1.39508 - 05 MAR 2014" remains unchallenged.

In fact, as of today, we are announcing an early bearish market reversal signal, albeit unconfirmed. More on this as PA unfolds.

Cheers,

David Alcindor
Reply
Hi @KevinT - Targets are based on a proprietary system I developed.

Yes, the multi-year trendline is something I mentioned in a prior analysis (one I called "Case For A Reversal" showing all the fundamental and technical reasons for that line to hold price down. But I also defined the first two targets, TG-1 and TG-2 to suggest that my system was expecting a price action that would likely break above that overhead resistance, which occurred shortly after. A subsequent target ("TG-Hi") was then defined after the break, and again price moved and reversed.

As I define TG-Hi, it often suggest that price is likely to consolidate or reverse at these targets. So, as of this market closing day, I would not be surprised if this would be a capped level for the Euro - I never looked further but I might take the time this weekend to do so (I'm currently on vacation, so wireless access is a bit limited where I travel).

Glad you enjoyed this trade.

Cheers,

David Alcindor
Reply
KevinT 4xForecaster
"proprietary system".....damn you heh heh heh. Just kidding. I'll be spying on you 8D
Reply
Excellent. How did you get the targets? Mine was lover (LT descending resistance )
Reply
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