Watch for resistance at 193.667 - Predictive Model calls for significant pushback - possibly reversal - at the following qualitative target:
- TG-Hi = 196.311 - 16 JUN 2015
Structural levels lurk below, at 163.079/161.453. This is a L/T chart where the Predictive /Forecasting Model represents heavier players, and is therefore less representative of the synthetic market (i.e.: retail and institutional).
There are no market geometries considered at this time.
Predictive Analysis & Forecasting
Durango, Colorado - USA
A lot of time has passed since this release. Then again, last analysis suggested a decline, pointing to "structural levels below, at 163.079/161.453" as a long-term trade opp.
As of today (2 years and 10 days thereafter), price moved in the forecast direction:
A new trade opp is released in the CROW Signal Service at a much smaller timeframe, just as another target was hit.
I've posted my idea on this pair, there is no geometry going on. But the other way to look at it shows me this picture. Personally I'm sitting on my hands here not to short too early. My order at 198 I already placed, but if it plunges earlier I will short earlier indeed. Big fat pips here!
Look for a potential attainment of the aforementioned 0.886 level, using the Shark as your guideline - Consider Scott Carney's site as THE reference for patterns: http://www.HarmonicTrading.com ad www.HarmonicTrader.com, one of which has a list of all of his patterns.